{"title":"Lawyer Professional Books","description":null,"products":[{"product_id":"code-on-social-security-law-manual","title":"Code on Social Security Law Manual","description":"\u003cp\u003e\u003cem\u003e\u003cspan\u003eCode on Social Security Law Manual \u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003eis Taxmann's single-volume working reference. It is built for the reader who cannot afford to consult four or five separate publications to answer a single question. The bare Code will not tell an employer which return to file, in what form, by when, or under which of the three schemes that now carry provident fund, insurance and pension administration; the Rules will not explain what the section they implement replaced. This Manual therefore gathers the statute, the rules made under it, the welfare scheme notified under it, the three schemes issued under Section 15, the notifications that brought the Code into force, and the cross-Code compliance material into one volume of some 890 pages, and arranges them in the order the work actually runs—concordance lookup, section text, editorial restatement, supporting case law, applicable rule, scheme paragraph, prescribed form, jurisdictional notification, FAQ, compliance checklist.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThe volume is designed for retrieval rather than for reading through. Each Division carries its own page series—I-1 onwards for the preliminary part, then 1.3 to 1.402 for the Code, 2.3 onwards for the Rules and Forms, 3.3 onwards for the notifications and compliance material, and 4.3 to 4.132 for the schemes—so a citation such as 2.15 fixes both the Division and the page. Every Division opens with its own finding table: an Arrangement of Sections for the Code, an Arrangement of Rules with a complete list of Forms, and a separate Arrangement of Paragraphs for each of the three schemes. And the running head on every page names the provision printed on it—Sec. 53 over the gratuity text with CH. V : GRATUITY beside it, R. 30 through the Rules, Para 23 and Form through the schemes—so a reader who knows the section, rule or paragraph number can thumb straight to it without going back to the index.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eWhat is new in this Edition\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eA New Division Four Carrying the 2026 Schemes\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — The Manual now reproduces the Employees' Provident Funds Scheme 2026, the Employees' Deposit-Linked Insurance Scheme 2026 and the Employees' Pension Scheme 2026 in full, each with its Arrangement of Paragraphs and prescribed Forms. Because these supersede the Schemes of 1952, 1976, 1971 and 1995, a volume carrying only the Code and the Rules is no longer sufficient for benefit administration—which is what this Division is here to fix\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eThe Notifications Module Rebuilt to 43\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — The module has grown from a commencement cluster into a working finding list, each notification numbered and captioned by the section it operates on, and each reproduced with the jurisdictional tables that allocate work between officers\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eA Seven-Part FAQ Module\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — The FAQ apparatus is reorganised across seven parts covering all four Labour Codes, with the Social Security questions now running under nine sub-headings that extend to exempted-establishment and trust governance and to administration and record\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eAmended \u0026amp; Updated\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — The Code, the Central Rules, the welfare scheme, the notifications and the three schemes are stated as they stand on 1\u003csup\u003est\u003c\/sup\u003e July 2026, so the reader is not holding a statute current to one date and delegated legislation current to another\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Manual is built for the reader who works with the Code on Social Security as operative law and needs the supporting apparatus alongside the statutory text:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eHR, Payroll, Benefits and Compliance Heads\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e in factories, mines, plantations, building and other construction establishments, large-format service-sector enterprises and Central-Sphere PSUs, who need the return, the form and the rule in the same place as the section\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eIn-House Counsel and Labour-Law Practitioners\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e advising on contribution liability, PF and ESI applicability, gratuity entitlement and forfeiture, maternity benefit disputes, BOCW Cess assessment and the priority of contributions, who need the section text, the editorial restatement and the case law together\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eCompliance and Finance Officers\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e at gig-platform aggregators, cinematograph production houses, contractor establishments and unorganised-sector enterprises, for whom the aggregator and registration provisions are new ground and the prescribed self-assessment and return Forms are reproduced in full\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eTrustees, Plan Administrators and Pension Administrators\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e managing exempted establishments and exempted trusts, who must read the exemption conditions against the terms now written into the 2026 Schemes—both of which this volume carries\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eEPFO, ESIC, BOCW Welfare Board, State Unorganised Workers' Board and Career Centre Officials, Inspectors-cum-Facilitators\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e, and officers of the Ministry of Labour \u0026amp; Employment and the State Labour Departments who need a single citation-safe source\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eEmployees' Insurance Courts, Industrial Tribunals, Appellate Authorities, Competent Authorities and other Adjudicating Authorities\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e requiring an integrated working reference covering the Code, the Rules, the Notifications, the Schemes and the concordance with the nine repealed Acts\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eFaculty, Researchers and Students of Labour Law\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e across LL.B., LL.M., CS, the CA Industrial Law paper, MBA-HR and the AIBE Labour \u0026amp; Industrial Law module\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Present Publication is the July 2026 Edition, updated till 1\u003csup\u003est\u003c\/sup\u003e July 2026. It is authored\/edited by Taxmann's Editorial Board with the following noteworthy features:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eLayered Per-Section Treatment\u003c\/strong\u003e] Every section in Division One is presented in layers rather than as bare text. The statutory text is followed by a Corresponding Provision line naming its ancestor in the repealed Acts, a Section Notes block restating the operative content in plain-language bullets for quick recall, and a Comments block of editorial restatement keyed by section number—a nutshell synopsis first, then sub-numbered notes on the points practitioners actually argue. On provisions that have been substantively litigated, a further Relevant Case Laws block carries the line of decisions bearing on interpretation\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eTen Concordance Tables, Placed at the Front\u003c\/strong\u003e] One forward table runs from the Code into all nine legacy Acts, and one reverse table runs from each legacy Act—the BOCW Welfare Cess Act 1996, the Cine-Workers Welfare Fund Act 1981, the Employee's Compensation Act 1923, the Employees' Provident Funds Act 1952, the Employees' State Insurance Act 1948, the Employment Exchanges (CNV) Act 1959, the Maternity Benefit Act 1961, the Payment of Gratuity Act 1972 and the Unorganised Workers' Social Security Act 2008—back into the Code. They sit before the statutory text rather than at the back of the volume, on the editorial grounds that a reader arriving from a long-established legacy practice starts with the old section number, not the new one\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eA Long-Form Comparative Study\u003c\/strong\u003e] Set as a free-text analytical chapter rather than as a table, and running to roughly forty pages, the Comparative Study reads the Code against the nine legacy Acts and states what has changed and what has merely moved. It is written to be read in sequence for transitional understanding rather than dipped into—covering, among much else, the medical benefit entitlement dropped from Section 39, the narrowed bar on duplication of benefits, the compensation quantum under Section 76 reduced to a comparison table against Section 4 of the EC Act, and the provisions the Study marks as entirely new\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eThe Central Rules with the Full Set of Forms\u003c\/strong\u003e] The Social Security (Central) Rules 2026 are reproduced across fourteen Chapters and sixty-nine Rules, together with every prescribed Form from Form I to Form XXX—the gratuity application and notices, the maternity certificate and claim, the cess self-assessment and return, and the aggregator self-assessment and return among them—so the reader sees the actual format to be filed, not a reference to it\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eThe Other Beneficiaries Medical Facilities Scheme 2026 in Full\u003c\/strong\u003e] Reproduced alongside the Central Rules. Because the Scheme opens ESI hospital infrastructure to beneficiaries registered under any other Central Government scheme, its inclusion is what makes this Manual an end-to-end reference for both ESI-covered and Scheme-covered medical-benefit administration\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eThe Three 2026 Schemes, Each Reproduced Whole\u003c\/strong\u003e] The Employees' Provident Funds Scheme 2026 runs across nine Chapters and fifty-nine paragraphs with an Annexure of Special Provisions and Forms I to XII; the Employees' Pension Scheme 2026 across thirty-six paragraphs with its monthly return Form; and the Employees' Deposit-Linked Insurance Scheme 2026 across thirty-one paragraphs with its Form for online returns. The Manual keeps them together because they are drafted to be read together—each of the latter two provides that where its own provisions are absent or inadequate, the Provident Funds Scheme applies\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eMaterial for Purposive Interpretation\u003c\/strong\u003e] The Statement of Objects and Reasons and the Notes on Clauses for the originating Bill are reproduced as separate apparatus blocks, on the editorial reasoning that purposive interpretation arguments before Tribunals, ESI Courts and High Courts often turn on these materials\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eAn In-Volume Appendix of Cross-Referenced Statutes\u003c\/strong\u003e] Where the Code refers out to another enactment—the Aadhaar Act 2016, the BOCW (Regulation) Act 1996, the Companies Act 2013, the Civil and Criminal Procedure Codes, the Factories Act 1948, the General Clauses Act 1897, the Income-tax Act 1961, the Industrial Disputes Act 1947, the IRDA Act 1999, the Limitation Act 1963, the Mines Act 1952, the Working Journalists Act 1955 and some twenty others—the referenced provision is reprinted in an Appendix, so a cross-reference does not send the reader to a second book\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eA Concept-Led Subject Index\u003c\/strong\u003e] The index is entered under the terms HR, payroll, benefits and IR professionals actually search—provident fund, contribution, exempted establishment, sickness benefit, maternity benefit, gratuity entitlement, gratuity forfeiture, employee's compensation, employment injury, building worker, BOCW Cess, unorganised worker, gig worker, platform worker, Aadhaar, career centre, Inspector-cum-Facilitator, Social Security Fund, compounding of offences—with each entry running to the governing section rather than obliging the reader to work down the section list\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eA Notifications Module That Works as a Finding List\u003c\/strong\u003e] Division Three reproduces 43 notifications in working order, each numbered, captioned by the section it operates on, and printed in full with the jurisdictional tables allocating work across the Central Provident Fund Commissioner, the Director General of ESIC, the Social Security Officers, the Assistant Directors, the Deputy Directors and the Regional Directors. Read in sequence, the module sets out the staged commencement of the Code in one place—the Aadhaar provision from 2021, the pension and provident fund provisions from 2023, the general commencement from 21-11-2025 with its December corrigendum, the extension of ESI contribution to notified districts of Manipur, Meghalaya and Mizoram from 1-4-2026, and the designation, delegation and recovery notifications of May 2026\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eSeven-Part Frequently Asked Questions Module\u003c\/strong\u003e] Twelve FAQs on the Code on Wages 2019, nineteen on the Industrial Relations Code 2020, nineteen on the OSH \u0026amp; WC Code 2020, twenty-six on the Code on Social Security 2020 organised under nine sub-headings (\u003cem\u003eGeneral Framework \u0026amp; Registration; Schemes, Rule-Making \u0026amp; Social Security Funds; Maternity Benefit Provisions; Gratuity Rules; Building and Other Construction Workers' Welfare; Gig and Platform Workers; Compliance, Inspection \u0026amp; Enforcement; Exemptions \u0026amp; Trust Governance; and Administration \u0026amp; Records\u003c\/em\u003e), a departmental FAQ on the OSH \u0026amp; WC Code as on 13-3-2026, a consolidated Query-and-Reply set on the Labour Codes, and an Additional FAQs module as on 16-3-2026. The Social Security set answers what is asked first in practice—digital procedure, maternity certification, gratuity timing and forfeiture, cess instalments, gig worker registration, inspections, appeals and records\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eA Multi-Chapter Compliance Handbook\u003c\/strong\u003e] Division Three closes with a compliance reference for employers in the Central Government sphere, running across seven chapters—an introduction, a survey of the reforms, a chapter on each of the four Codes, and a closing Summary of Action Points for Employers—each anchored to specific section references and set out as bullet-form obligation maps, so a practitioner moves from a topic to a compliance action rather than to a paragraph of prose. Five Annexures carry the key definitions under the Wages and Industrial Relations Codes and the operative Schedules of the Industrial Relations, OSH \u0026amp; WC and Social Security Codes\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe structure is the editorial backbone of the Manual, organised as one preliminary part and four numbered Divisions, each answering a distinct working purpose.\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003ePreliminary Part | Transitional Anchor\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — Carries the ten concordance tables and the Comparative Study ahead of the statutory text, so a reader coming from legacy practice begins at the bridge between the old law and the new\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eDivision One | The Code and its Interpretive Apparatus \u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e— The Code on Social Security 2020 in full across fourteen Chapters and one hundred and sixty-four sections with its layered per-section apparatus, the First to Seventh Schedules, and the supporting materials: the Subject Index, the Statement of Objects and Reasons, the Notes on Clauses and the Appendix of cross-referenced statutes\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eDivision Two | Operative Rule-Making and Welfare Scheme\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — The Social Security (Central) Rules 2026 across fourteen Chapters and sixty-nine Rules with Forms I to XXX, followed by the Other Beneficiaries and Members of their Families Medical Facilities Scheme 2026\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eDivision Three | Notifications, FAQs and Compliance\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — The Notifications and Clarifications module of 43 notifications, the seven-part FAQs covering all four Labour Codes, and the Compliance Handbook for Employers under the Four Labour Codes in the Central Government sphere\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eDivision Four | The Schemes Issued under the Code\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — The Employees' Provident Funds Scheme 2026, the Employees' Deposit-Linked Insurance Scheme 2026 and the Employees' Pension Scheme 2026, each reproduced in full with its Arrangement of Paragraphs and prescribed Forms\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"Only Padhai","offers":[{"title":"Default Title","offer_id":45450248716311,"sku":null,"price":822.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0803\/5054\/3895\/files\/CodeonSocialSecurityLawManual.png?v=1787918740"},{"product_id":"code-on-wages-law-manual","title":"Code on Wages Law Manual","description":"\u003cp\u003e\u003cem\u003e\u003cspan\u003eCode on Wages Law Manual\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e is Taxmann's authoritative single-volume working reference on India's wage statute as it now operates in practice. The 2026 Edition is built around the editorial position that the Code on Wages 2019 must be read as a system: the statute together with the Central Rules made under it, the implementation notifications, the supervisor-exclusion ceiling notification, the cross-Code FAQ apparatus from the Ministry of Labour \u0026amp; Employment, and the four-Code compliance machinery that surrounds it. The Manual brings all of these into one volume and arranges them so the reader can move between them in the order their work actually requires—concordance lookup, section text, editorial restatement, supporting case law, applicable rule, prescribed form, jurisdictional notification, FAQ, compliance checklist—without leaving the book.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThe Manual also incorporates the Code on Wages (Central) Rules 2026, the principal enforcement notification of 21-11-2025, the supervisor-exclusion ceiling notification of 30-1-2026, the Government's tabular OSH\u0026amp;WC FAQ dated 13-3-2026, the Additional FAQs on Labour Codes dated 16-3-2026 and the Compliance Handbook for Employers under the Four Labour Codes (Central Government Sphere); this Edition is the first to carry the Code with that full implementation machinery in place.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThe Manual is built for the reader who works with the Code on Wages as operative law and needs the supporting apparatus alongside the statutory text:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eHR, Payroll and Industrial Relations Heads\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003ein factories, mines, plantations, large-format service-sector establishments and Central-Sphere PSUs who have to re-baseline wage structures under the new Section 2(y) definition, re-issue appointment letters and wage slips, redesign the bonus computation under Chapter IV and migrate registers and returns to the Code-and-Rules framework\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eIn-House Counsel and Labour-Law Practitioners\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eadvising on the 50% allowance add-back, the floor-wage architecture under Section 9, claims and appeals under Sections 45 and 49, the three-year limitation regime, and the supervisor-exclusion ceiling under Section 2(z)(d)\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eCompliance Officers, Company Secretaries and Plant HR Managers\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eresponsible for periodic returns, register maintenance, wage-slip issuance, notice-board displays, and the Inspector-cum-Facilitator interface in the Central Government sphere\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eChartered Accountants, Cost Accountants and Internal Auditors\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eexamining wage-cost, bonus liability, gratuity-base and provident-fund-base computations in light of the revised wages definition and the cross-Code impact on the Code on Social Security\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eInspector-cum-Facilitators, Authorities under Section 45, Appellate Authorities under Section 49, Government Officers\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003ein the Ministry of Labour \u0026amp; Employment, the Chief Labour Commissioner (Central) office and State Labour Departments who need a single citation-safe source\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eFaculty, Researchers and Students of Labour Law\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eacross LL.B., LL.M., CS, the CA Industrial Law paper, MBA-HR and the AIBE Labour \u0026amp; Industrial Law module, who need the consolidated text along with comparative reference to the four legacy Acts the Code replaces\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Present Publication is the 2026 Edition, updated till 8\u003csup\u003eth\u003c\/sup\u003e May 2026. It is authored\/edited by Taxmann's Editorial Board, with the following noteworthy features:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e[\u003cstrong\u003eFour-Layer Per-Section Treatment\u003c\/strong\u003e] Each section in Division One opens with the statutory text and the Corresponding Provision flag tying it back to the four legacy Acts, then carries a Section Notes block that restates the operative content in plain-language bulleted form for quick recall, a Comments block of editorial restatement keyed by section number (\u003cem\u003ewith a nutshell synopsis followed by sub-numbered notes on the points that practitioners will actually argue\u003c\/em\u003e), and—where the section has been substantively litigated—a Relevant Case Laws block carrying the line of decisions that bears on its interpretation, tagged '[\u003cem\u003enow section X of Code on Wages\u003c\/em\u003e]' so that the pre-Code precedent reads directly into the new provision\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003ePurpose-Built Concordance Tables\u003c\/strong\u003e] The preliminary part carries five concordance tables: one forward table from the Code into all four legacy Acts read together, and four reverse tables—one each from the Equal Remuneration Act 1976, the Minimum Wages Act 1948, the Payment of Bonus Act 1965 and the Payment of Wages Act 1936—back into the Code. The tables sit before the statutory text rather than at the back of the volume, on the editorial grounds that the buyer transitioning from a long-established legacy practice will start there\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eLong-Form Comparative Study\u003c\/strong\u003e] Set as a free-text analytical chapter rather than as a table, the Comparative Study reads the Code provision-by-provision against the four legacy Acts and flags every substantive change—uniform 'appropriate Government' definition under Section 2(d), omission of 'scheduled employment' as a gating concept, new 'contractor' definition under Section 2(f), recasting of the Advisory Board under Section 42, extension of the claim-filing limitation from 6 months to 3 years under Section 45, and removal of the pre-deposit requirement for appeals under Section 49—meant to be read in sequence for transitional understanding rather than dipped into as a lookup\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eCode on Wages (Central) Rules 2026 in Full\u003c\/strong\u003e] The full text of the operative Central Rules is reproduced with the prescribed statutory Forms, organised across its eight-Chapter sequence\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eNine Statutory Forms in Full\u003c\/strong\u003e] The Forms are reproduced in full so the reader does not have to step outside the book to file, contest or maintain compliance\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eMaterial for Purposive Interpretation\u003c\/strong\u003e] The Statement of Objects and Reasons and the clause-by-clause Notes on Clauses for the originating Bill are reproduced as separate apparatus blocks, on the editorial reasoning that purposive interpretation arguments before the Authority, the Appellate Authority, Tribunals and High Courts often turn on these materials\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eIn-Volume Appendix of Cross-Referenced Statutes\u003c\/strong\u003e] Where the Code refers to a provision of another Act—the Apprentices Act 1961, the Code of Criminal Procedure 1973, the Companies Act 2013, the Factories Act 1948, the General Clauses Act 1897, the Income-tax Act 1961, the Indian Penal Code, the Industrial Disputes Act 1947, the Merchant Shipping Act 1958, the Sales Promotion Employees (Conditions of Service) Act 1976, and the Working Journalists and Other Newspaper Employees (Conditions of Service) and Miscellaneous Provisions Act 1955—the referenced provision is reproduced in an Appendix, so the reader does not have to leave the volume to locate it\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eConcept-Led Subject Index\u003c\/strong\u003e] The index is built around the way HR, payroll and compliance professionals actually search—floor wage, payment of bonus, deductions, fines, overtime, wage period, mode of payment, equal remuneration, appeals, claims, registers, wage slip, Inspector-cum-Facilitator, composition of offences—rather than around the section list\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eComplete Notifications and Clarifications Module\u003c\/strong\u003e] Division Three reproduces in full the principal enforcement notification, the early Advisory Board enforcement notification, and the supervisor-exclusion ceiling notification\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eCross-Code Frequently Asked Questions\u003c\/strong\u003e] A seven-part FAQ module covers all four Labour Codes—twelve FAQs on the Code on Wages, nineteen on the Industrial Relations Code, nineteen on the OSH\u0026amp;WC Code, twenty-six on the Code on Social Security (\u003cem\u003eacross nine topical groups\u003c\/em\u003e), the Government's official tabular FAQ on OSH\u0026amp;WC Code dated 13-3-2026, the cross-Code Labour Codes FAQ, and the Additional FAQs on Labour Codes dated 16-3-2026. The Code on Wages FAQs, in particular, address the most frequently asked operational questions on the floor wage, the revised wages definition and 50% allowance rule, the deductions cap, the universality of minimum wage coverage post-omission of 'scheduled employment', and the treatment of compounding of offences\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eMulti-Chapter Compliance Handbook for the Four Labour Codes\u003c\/strong\u003e] Division Three closes with a seven-chapter, five-Annexure compliance reference for employers in the Central Government sphere, organised in chapters per Code and ending with a Summary of Action Points for Employers structured as a four-row ready-reckoner across Foundational, Monthly, Periodical\/Annual and Event-Based Compliance—each anchored to specific section references and rendered as bullet-form obligation maps so the practitioner can move from a topic to a compliance action quickly\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe structure is the editorial backbone of the Manual, organised as one preliminary part and three numbered Divisions, each one corresponding to a distinct working purpose—transitional reading, statutory and interpretive reference, operative rule-making, and implementation and compliance.\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003ePreliminary Part | Transitional Anchor\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— The preliminary part anchors the transitional reading, carrying the five concordance tables and the Comparative Study before the statutory text, so a reader coming in from legacy practice begins with the bridge between the old and the new\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eDivision One | The Code and its Interpretive Apparatus\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— Division One carries the Code on Wages 2019 in full with its four-layer per-section apparatus—statutory text, Corresponding Provision flag, Section Notes, Comments and Relevant Case Laws—together with the supporting interpretive materials including the Subject Index, the Statement of Objects and Reasons, the Notes on Clauses and the Appendix of cross-referenced statutes\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eDivision Two | Operative Rule-Making\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— Division Two carries the operative rule-making: the Code on Wages (Central) Rules 2026 across its eight Chapters, with the Schedule of nine statutory Forms reproduced in full\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eDivision Three | Notifications, FAQs and Compliance\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— Division Three carries the implementation and compliance apparatus: the Notifications and Clarifications module, the seven-part cross-Code FAQs covering all four Labour Codes and the seven-chapter, five-Annexure Compliance Handbook for Employers under the Four Labour Codes in the Central Government sphere\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"Only Padhai","offers":[{"title":"Default Title","offer_id":45454851571735,"sku":null,"price":371.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0803\/5054\/3895\/files\/CodeonWagesLawManual.png?v=1788000738"},{"product_id":"company-law-a-fictionalised-journey-from-incorporation-to-winding-up","title":"Company Law A Fictionalised Journey from Incorporation to Winding Up","description":"\u003cp\u003e\u003cspan\u003eFor decades, company law in India has been viewed by many as a daunting obstacle—a statute filled with provisos, cross-references, and technical definitions that intimidate entrepreneurs before they even begin. The result, as the author notes, is a damaging irony: the very legal framework meant to promote enterprise is often the one most feared by those seeking to build it.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThis book breaks away from that tradition entirely.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cem\u003e\u003cspan\u003eCompany Law — A Fictionalised Journey from Incorporation to Winding Up\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e follows Ayush—a sole proprietor of a growing tea business, operating from the 6\u003csup\u003eth\u003c\/sup\u003e floor of Sikaria Compound on GS Road in Guwahati—who decides it is time to incorporate and advance his enterprise. From that initial act of ambition, the reader accompanies him through the full cycle of a company's legal life under the Companies Act 2013: choosing a corporate structure, drafting foundational documents, incorporating, raising capital, governance, director management, accounts and audit, fraud investigation, oppression and mismanagement, mergers, and ultimately, the formal winding-up of the company.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eAll legal concepts are introduced not through academic exposition but via Ayush's conversations—with a childhood friend who has established an OPC, with his lawyer drafting the MoA, with a former classmate who just completed an IPO, with an SFIO officer explaining financial fraud, with a cousin who is a managing director of a major firm, and with a legal executive at a fintech company being sued for mismanagement. Law surfaces through dialogue—from breakfast chats, airport pickups, WhatsApp calls, and hotel restaurant dinners. It never presents itself as a lecture.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eDespite this, the book is not a loose narrative. Each concept is tied to a specific section of the Companies Act 2013, footnoted throughout. Comparisons are presented in tables. Procedural steps are laid out in sequence. Part Three—covering Offences and Penalties, E-Forms, and a Comparative Schedule—serves as a standalone compliance manual. The resulting work is a book you read and a manual you revisit, genuinely and equally.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThe closing image of the book is intentionally structured: Ayush is back at the same window of his office on the 6\u003csup\u003eth\u003c\/sup\u003e floor of Sikaria Compound, gazing at the same street where his journey began. But now, the legal complexity he once feared forms the framework of his ambition. The circle is complete.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThis book is designed for a wide but well-defined audience:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eEntrepreneurs and Business Founders\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e who need to understand the Companies Act 2013 as it applies to their enterprise at every stage—from the moment of incorporation to dividend payments, director appointments, and beyond—but who do not have the time or inclination for a traditional legal commentary\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eAdvocates, Company Secretaries, Chartered Accountants, and Compliance Officers\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e who want a compact, narrative-led orientation to the full corporate lifecycle, particularly useful for client counselling, onboarding junior staff, or refreshing foundational knowledge\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eLaw and Commerce Students\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e preparing for professional examinations or academic courses in corporate law, who benefit from a conversational treatment of the statute before engaging with case law or formal commentary\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eIndependent Directors and Board Members\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e who require a working understanding of their duties, liabilities, and procedural obligations without having to wade through the Act itself\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eAnyone Transitioning from a Sole Proprietorship, Partnership, or LLP into a Corporate Structure\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e, and who needs to understand precisely what changes—and what is now required of them, under the Companies Act 2013\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Present Publication is the Latest Edition, commissioned by The Chambers of Tax Consultants and published exclusively by Taxmann. It is authored by Advocate Sristi Nimodia and reviewed by CS Latesh Shah. The key points of this book are as follows:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eNarrative-led Legal Education\u003c\/strong\u003e] The entire book is structured around the journey of Ayush and his tea business. Legal concepts emerge naturally from his conversations with friends, legal advisors, and professionals, making abstract statutory provisions concrete, memorable, and immediately applicable. This is not storytelling as a gimmick; it is storytelling as pedagogy\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eComplete Corporate Lifecycle Coverage\u003c\/strong\u003e] From the first decision about business structure to the final dissolution of a company, every major stage of a company's legal existence is addressed in sequence. No other compact guide covers this complete arc in a single, coherent narrative\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eStrict Statutory Accuracy\u003c\/strong\u003e] Despite its accessible tone, the book never sacrifices legal precision. Every concept discussed is anchored to specific sections of the Companies Act 2013, cited in footnotes throughout. The language is simple; the legal foundation is meticulous\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eExhaustive Penalty and Offence Reference Tables\u003c\/strong\u003e] Part Three contains a comprehensive, tabulated compilation of offences and their corresponding penalties under the Companies Act 2013—covering penalties from prospectus violations, securities defaults, and deposit contraventions, through to board governance failures and fraud. This section alone functions as a standalone compliance risk reference\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eComplete E-Forms Directory\u003c\/strong\u003e] A dedicated chapter catalogues the e-forms prescribed under the Companies Act 2013, aligned to the relevant compliance obligations discussed in the narrative. Practitioners can cross-reference the story with the actual filing requirements, giving the book its 'works like a manual' quality\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eComparative Reference: Company vs. LLP\u003c\/strong\u003e] An integrated schedule (\u003cem\u003eChapter 25\u003c\/em\u003e) provides a structured comparison between a Company and a Limited Liability Partnership—covering structural, governance, liability, and compliance differences—directly relevant to the foundational decision every entrepreneur must make before incorporation\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eAuthor's Unique Interdisciplinary Grounding\u003c\/strong\u003e] Advocate Sristi Nimodia brings an unusual combination of credentials: a mathematics honours degree, actuarial science certification from the Institute and Faculty of Actuaries (UK), an LLM in Investment and Securities Law from NISM, and active legal practice. This produces a treatment of corporate law that is analytically sharp, financially literate, and practically oriented—not merely doctrinal\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe coverage of the book is as follows:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003ePart One — Foundation and Capital (Chapters 1–10) | \u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003eThis section covers the entire pre-operational and capital-formation phase of a company's life:\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cem\u003e\u003cspan\u003eChapter 1 — The Roller Coaster Begins\u003c\/span\u003e\u003c\/em\u003e\u003c\/li\u003e\n\u003cul type=\"square\"\u003e\n\u003cli\u003e\u003cspan\u003eTypes of companies (\u003cem\u003ePublic, Private, OPC\u003c\/em\u003e), minimum membership requirements, categories of members, liability structures (li\u003cem\u003emited by shares, limited by guarantee, unlimited\u003c\/em\u003e), and the OPC nominee framework\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cem\u003e\u003cspan\u003eChapter 2 — The Company's DNA\u003c\/span\u003e\u003c\/em\u003e\u003c\/li\u003e\n\u003cul type=\"square\"\u003e\n\u003cli\u003e\u003cspan\u003eMemorandum of Association (MoA) and Articles of Association (AoA)—their purpose, content, legal standing, and alteration\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cem\u003e\u003cspan\u003eChapter 3 — The Birth Certificate\u003c\/span\u003e\u003c\/em\u003e\u003c\/li\u003e\n\u003cul type=\"square\"\u003e\n\u003cli\u003e\u003cspan\u003eIncorporation procedures, the role of the Registrar of Companies (RoC), fraud liability at the formation stage, and Director Identification Numbers (DIN) and Corporate Identity Numbers (CIN)\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cem\u003e\u003cspan\u003eChapter 4 — Corporate Identity\u003c\/span\u003e\u003c\/em\u003e\u003c\/li\u003e\n\u003cul type=\"square\"\u003e\n\u003cli\u003e\u003cspan\u003eRegistered office requirements, statutory records, company name rules, and permissible alterations to corporate identity\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cem\u003e\u003cspan\u003eChapter 5 — Public vs. Private\u003c\/span\u003e\u003c\/em\u003e\u003c\/li\u003e\n\u003cul type=\"square\"\u003e\n\u003cli\u003e\u003cspan\u003eRules governing capital raising across company types—the distinction between public offers and private placements\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cem\u003e\u003cspan\u003eChapter 6 — The Company's Public Face\u003c\/span\u003e\u003c\/em\u003e\u003c\/li\u003e\n\u003cul type=\"square\"\u003e\n\u003cli\u003e\u003cspan\u003eProspectus—mandatory disclosures, misstatement liability, and investor protection provisions\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cem\u003e\u003cspan\u003eChapter 7 — Ownership Unpacked\u003c\/span\u003e\u003c\/em\u003e\u003c\/li\u003e\n\u003cul type=\"square\"\u003e\n\u003cli\u003e\u003cspan\u003eEquity shares, preference shares, rights issues—the architecture of share capital\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cem\u003e\u003cspan\u003eChapter 8 — Market vs. Books\u003c\/span\u003e\u003c\/em\u003e\u003c\/li\u003e\n\u003cul type=\"square\"\u003e\n\u003cli\u003e\u003cspan\u003eCompany valuation concepts—market value versus book value, relevant for share pricing and capital decisions\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cem\u003e\u003cspan\u003eChapter 9 — The Share Lifecycle\u003c\/span\u003e\u003c\/em\u003e\u003c\/li\u003e\n\u003cul type=\"square\"\u003e\n\u003cli\u003e\u003cspan\u003eShare alterations, transfer and transmission of securities, buybacks, and the Register of Members\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cem\u003e\u003cspan\u003eChapter 10 — The Borrowing Landscape\u003c\/span\u003e\u003c\/em\u003e\u003c\/li\u003e\n\u003cul type=\"square\"\u003e\n\u003cli\u003e\u003cspan\u003eDebentures, deposits, charges, and the regulatory framework for debt financing under the Act\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003ePart Two — Governance and Enforcement (Chapters 11–22) | \u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003eThis section addresses the ongoing compliance obligations of a functioning company:\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cem\u003e\u003cspan\u003eChapter 11 — Corporate Housekeeping\u003c\/span\u003e\u003c\/em\u003e\u003c\/li\u003e\n\u003cul type=\"square\"\u003e\n\u003cli\u003e\u003cspan\u003eStatutory registers, records maintenance, and the compliance architecture a company must sustain\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cem\u003e\u003cspan\u003eChapter 12 — Governance in Session\u003c\/span\u003e\u003c\/em\u003e\u003c\/li\u003e\n\u003cul type=\"square\"\u003e\n\u003cli\u003e\u003cspan\u003eRules for member meetings—AGMs, EGMs, quorum, resolutions, voting mechanisms, and notice requirements\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cem\u003e\u003cspan\u003eChapter 13 — From Profit to Payment\u003c\/span\u003e\u003c\/em\u003e\u003c\/li\u003e\n\u003cul type=\"square\"\u003e\n\u003cli\u003e\u003cspan\u003eThe dividend lifecycle—declaration, payment timelines, Unpaid Dividend Account obligations, and default consequences\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cem\u003e\u003cspan\u003eChapter 14 — The Financial Mandate\u003c\/span\u003e\u003c\/em\u003e\u003c\/li\u003e\n\u003cul type=\"square\"\u003e\n\u003cli\u003e\u003cspan\u003eAccounts preparation, financial statement requirements, auditor appointment, audit procedures, and the National Financial Reporting Authority (NFRA)\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cem\u003e\u003cspan\u003eChapter 15 — The Guiding Force\u003c\/span\u003e\u003c\/em\u003e\u003c\/li\u003e\n\u003cul type=\"square\"\u003e\n\u003cli\u003e\u003cspan\u003eDirector appointment rules—eligibility, disqualifications, DIN, independent directors, and women director requirements\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cem\u003e\u003cspan\u003eChapter 16 — The Director's Cycle\u003c\/span\u003e\u003c\/em\u003e\u003c\/li\u003e\n\u003cul type=\"square\"\u003e\n\u003cli\u003e\u003cspan\u003eDirector tenure, vacation of office, resignation, and removal procedures\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cem\u003e\u003cspan\u003eChapter 17 — The Board in Session\u003c\/span\u003e\u003c\/em\u003e\u003c\/li\u003e\n\u003cul type=\"square\"\u003e\n\u003cli\u003e\u003cspan\u003eBoard meeting rules — frequency, quorum, notice, resolutions by circulation, and committee governance.\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cem\u003e\u003cspan\u003eChapter 18 — Executive Pay\u003c\/span\u003e\u003c\/em\u003e\u003c\/li\u003e\n\u003cul type=\"square\"\u003e\n\u003cli\u003e\u003cspan\u003eKMP appointment, tenure, and managerial remuneration limits and approval requirements\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cem\u003e\u003cspan\u003eChapter 19 — The Red Flag Rules\u003c\/span\u003e\u003c\/em\u003e\u003c\/li\u003e\n\u003cul type=\"square\"\u003e\n\u003cli\u003e\u003cspan\u003eRegulatory inspection powers, investigation into fraud, Serious Fraud Investigation Office (SFIO) jurisdiction, and the strike-off procedure for defunct companies\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cem\u003e\u003cspan\u003eChapter 20 — Corporate Transformation\u003c\/span\u003e\u003c\/em\u003e\u003c\/li\u003e\n\u003cul type=\"square\"\u003e\n\u003cli\u003e\u003cspan\u003eMerger, amalgamation, and court\/NCLT-approved schemes of arrangement\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cem\u003e\u003cspan\u003eChapter 21 — The Minority's Fight\u003c\/span\u003e\u003c\/em\u003e\u003c\/li\u003e\n\u003cul type=\"square\"\u003e\n\u003cli\u003e\u003cspan\u003eOppression and mismanagement—shareholder rights, NCLT remedies, and protection of minority interests\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cem\u003e\u003cspan\u003eChapter 22 — The Final Curtain\u003c\/span\u003e\u003c\/em\u003e\u003c\/li\u003e\n\u003cul type=\"square\"\u003e\n\u003cli\u003e\u003cspan\u003eLiquidation and dissolution—voluntary winding up, NCLT-ordered winding up, the role of the liquidator, and the legal conclusion of a company's existence\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003ePart Three — Appendices and Reference (Chapters 23–25)\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cem\u003e\u003cspan\u003eChapter 23 — Offences and Penalties\u003c\/span\u003e\u003c\/em\u003e\u003c\/li\u003e\n\u003cul type=\"square\"\u003e\n\u003cli\u003e\u003cspan\u003eA comprehensive, tabulated reference mapping violations to their statutory penalties across the full Act—imprisonment terms, fines per company and per officer, and continuing default penalties\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cem\u003e\u003cspan\u003eChapter 24 — E-Forms under the Companies Act 2013\u003c\/span\u003e\u003c\/em\u003e\u003c\/li\u003e\n\u003cul type=\"square\"\u003e\n\u003cli\u003e\u003cspan\u003eA structured directory of all prescribed e-forms referenced across the compliance obligations discussed in the narrative\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cem\u003e\u003cspan\u003eChapter 25 — Schedule\u003c\/span\u003e\u003c\/em\u003e\u003c\/li\u003e\n\u003cul type=\"square\"\u003e\n\u003cli\u003e\u003cspan\u003eComparative analysis of Company vs. Limited Liability Partnership across structural, governance, and compliance dimensions\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe structure of the book is as follows:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChronological Architecture\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — The book's structure mirrors the temporal sequence of a company's existence. Incorporation law comes before governance law; governance law comes before enforcement and insolvency. No concept is introduced before it is needed, and no knowledge is assumed\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eLaw in the Order It Becomes Relevant\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — Ayush's journey is not a random walk through the statute. Each chapter addresses what a founder would actually face next—from choosing a structure, to drafting documents, to raising capital, to governing a board, to understanding what regulatory intervention looks like. The reader absorbs the law as a practising entrepreneur would encounter it\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eConsistent Chapter-Level Structure\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — Every chapter follows the same internal pattern:\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eA dramatic or conversational opening that establishes the context and introduces the character through whom the law will be taught\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eThe law delivered through dialogue and supported by narrative\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eTables and comparative charts appearing at the precise point Ayush himself would need to organise the information\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eFootnotes at the bottom of each page citing the exact statutory provision under discussion\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eNo Summaries | Only Forward Motion\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — Each chapter ends not with a recap but with Ayush—having absorbed what he needed—ready to move to the next stage. The narrative drives the reader forward rather than pausing to consolidate\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eThree Modes of Reading Built Into One Book\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — The three-part structure—Foundation and Capital \/ Governance and Enforcement\/Appendices and Reference—supports three distinct reading modes simultaneously:\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eSequential reading\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e for a first-time founder following Ayush's full journey\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eSelective navigation\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e for a practitioner who needs a specific stage or topic\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eReference lookup\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e for a professional who needs the penalty table, an e-form, or the Company vs. LLP comparison at short notice\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e","brand":"Only Padhai","offers":[{"title":"Default Title","offer_id":45454853865495,"sku":null,"price":371.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0803\/5054\/3895\/files\/CompanyLaw_AFictionalisedJourneyfromIncorporationtoWindingUp.png?v=1788001688"},{"product_id":"customs-foreign-trade-policy-ready-reckoner","title":"Customs \u0026 Foreign Trade Policy Ready Reckoner","description":"\u003cp\u003e\u003cem\u003e\u003cspan\u003eCustoms \u0026amp; Foreign Trade Policy (FTP) Ready Reckoner\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e, now in its 28\u003csup\u003eth\u003c\/sup\u003e continuously maintained Edition, is a single-volume treatise that consolidates the entire body of Indian indirect tax law on cross-border trade into one work. It is the standard desk reference and has been the basis of written submissions, legal opinions, and departmental guidance for nearly three decades.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThe book takes the reader through the full statutory edifice of India's Customs and trade regime—the Customs Act 1962; the Customs Tariff Act 1975 (\u003cem\u003eboth Schedules, including the CVD, Anti-Dumping, Safeguard, and CVD-on-subsidised-goods machinery\u003c\/em\u003e); the Foreign Trade (Development \u0026amp; Regulation) Act 1992 and Rules thereunder; the Special Economic Zones Act 2005 and SEZ Rules 2006; the International Financial Services Centres Authority Act 2019; and the Foreign Trade Policy 2023 together with the Handbook of Procedures (HBP). It weaves into this structure the subordinate framework of valuation rules, baggage rules, courier regulations, customs broker licensing regulations, warehousing regulations, MOOWR, drawback rules, SEZ rules, RoDTEP\/RoSCTL schemes, SCOMET controls, and the Provisional Collection of Taxes Act 2023.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThe law stated is current as of the Finance Act 2026, and the text incorporates all consequential changes notified by the CBIC and the DGFT up to the cut-off, including the newly notified Baggage Rules, 2026 and the Customs Baggage (Declaration and Processing) Regulations 2026 (\u003cem\u003eeffective 2\u003csup\u003end\u003c\/sup\u003e February 2026\u003c\/em\u003e). The CBIC's Customs Manual 2025 (relea\u003cem\u003esed in supersession of the 2023 Manual and updated to 1\u003csup\u003est\u003c\/sup\u003e February 2025\u003c\/em\u003e) is cross-referenced throughout the book at the relevant paragraphs.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThe Reckoner is designed for readers who need to work with both the underlying statute and the operating circulars simultaneously:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eTax Advisors, Chartered Accountants, Cost Accountants, Company Secretaries, and Advocates\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e advising importers, exporters, freight forwarders, and Customs brokers on duty optimisation, classification, valuation challenges, refund claims, scheme eligibility (\u003cem\u003eAA\/DFIA\/EPCG\/RoDTEP\/RoSCTL\u003c\/em\u003e), and litigation at every appellate level\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eIn-House Tax and Trade-Compliance Teams \u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003eof manufacturers, trading houses, e-commerce operators, Free Trade Warehousing Zones, Status Holders, SEZ units, EOUs\/EHTP\/STP\/BTP units, and IFSC entities\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eCustoms Brokers (CBs\/CHAs) and Logistics Professionals\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e handling Bill of Entry and Shipping Bill filings, customs bonds, warehousing operations, drawback, and AEO compliance\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eOfficers of the CBIC, DGFT, DRI, SVB, SEZ Development Commissioners, and IFSCA\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e needing an organised, section-by-section reference to statute, rule, circular, manual, and case-law on any point of Customs or FTP practice\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eTrade Bodies, Exporters' Associations, Consultants, and Policy Researchers\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e tracking FTA\/PTA implementation, rules of origin, SCOMET dual-use controls, export promotion incentives, and ease-of-doing-business initiatives\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eCandidates Preparing for the CA Final, CS Professional, CMA Final, Departmental Examinations\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e (Inspector\/Superintendent\/Appraiser), and LL.M. (Taxation) programmes, where Customs and FTP form part of the syllabus\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Present Publication is the 28\u003csup\u003eth\u003c\/sup\u003e Edition | 2026, amended by the Finance Act 2026. It is authored by Mr V.S. Datey, with the following noteworthy features:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eThree-Tier Integrated Treatment at Every Paragraph\u003c\/strong\u003e] Statutory text (\u003cem\u003eAct and section number\u003c\/em\u003e) → subordinate legislation (\u003cem\u003erule, regulation, notification number and date\u003c\/em\u003e) → administrative guidance (\u003cem\u003eCBIC circular, CBIC Customs Manual 2025 chapter and paragraph, DGFT policy circular, MCI-DC(SEZ) instruction, RBI circular\u003c\/em\u003e) → leading judicial authority. This four-layer citation density is the book's defining feature and is what allows it to be used directly in written submissions\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eExtensive Case-Law Commentary\u003c\/strong\u003e] It is woven into the narrative at the point of discussion, drawing on Supreme Court Constitution Benches (\u003cem\u003eM. Jhangir Bhatisha, J.V. Gokal\u003c\/em\u003e), 3-member Supreme Court benches (\u003cem\u003eApar P. Ltd., Kiran Spinning Mills, Garden Silk Mills, LML, Jain Brothers\u003c\/em\u003e), High Court Division Benches, CESTAT decisions, and recent pronouncements, including Union of India v. Mohit Minerals (P.) Ltd. on extra-territorial legislative competence\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eAuthor's Editorial Notes and Interpretative Critique\u003c\/strong\u003e] Where the text draws attention to conflicting judgments, departmental positions that may not survive judicial scrutiny, or practical difficulties (\u003cem\u003ee.g., commentary flagging that the Bombay High Court ruling in V.M. Salgaocar may not have had Section 16 brought to its notice\u003c\/em\u003e)\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eParagraph-Numbered Drafting\u003c\/strong\u003e] It enables precise cross-referencing within the book and in opinions, replies to Show-Cause Notices, and written submissions before adjudicating authorities and Tribunals\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eFTP Paragraph-Level Citation Throughout Chapters 42–61\u003c\/strong\u003e] This book maps the commentary directly to paragraphs of FTP 2023 (\u003cem\u003ee.g., Para 4.09, 4.12(i)–(iv), 4.16, 4.20, 11.14\u003c\/em\u003e) and Handbook of Procedures (\u003cem\u003ee.g., Para 4.06, 4.07, 4.60\u003c\/em\u003e), as well as to Customs notifications issued in the FTP machinery (\u003cem\u003ee.g., Notification Nos. 21\/2023-Cus, 24\/2023-Cus dated 1-4-2023 with paragraph-level references\u003c\/em\u003e)\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eCross-Comparison with the CGST Act at Multiple Points\u003c\/strong\u003e] It highlights where Customs and CGST share conceptual architecture (\u003cem\u003etransaction value, related persons, unjust enrichment, short-levy recovery, advance ruling, search \u0026amp; seizure, arrest \u0026amp; prosecution\u003c\/em\u003e), which is particularly useful for indirect tax practitioners handling both regimes\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eSection-Wise Index to the Customs Act 1962\u003c\/strong\u003e] It runs across multiple pages, mapping every section (\u003cem\u003eincluding inserted, amended, and omitted sub-sections, and lettered sections such as 2(28A\u003c\/em\u003e), \u003cem\u003e11B, 11I, 28J, 56A, 151A\u003c\/em\u003e) to the paragraph numbers where each is analysed. This enables section-first navigation from statute to commentary\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eGlossary of Acronyms\u003c\/strong\u003e] It covers the full operating vocabulary of Customs and FTP practice.\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eComprehensive Subject Index\u003c\/strong\u003e] It is incorporated at the end for topic-first lookup\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eCurrent CBIC Customs Manual, 2025 integration\u003c\/strong\u003e] The 2025 Manual (\u003cem\u003eupdated to 1\u003csup\u003est\u003c\/sup\u003e February 2025, superseding the 2023 Manual\u003c\/em\u003e) is cited in the relevant paragraphs throughout, with chapter and paragraph references\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Reckoner is organised into 61 chapters and structured as follows.\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eDivision A — Customs Law (Chapters 1–41)\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cem\u003e\u003cspan\u003eFoundational Framework (Chapters 1–2)\u003c\/span\u003e\u003c\/em\u003e\u003c\/li\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cspan\u003eConstitutional basis of Customs duty (\u003cem\u003eEntry 83, List I\u003c\/em\u003e), charging sections (\u003cem\u003eSection 12 of Customs Act; Section 3 of Customs Tariff Act\u003c\/em\u003e), taxable events for imports and exports, innocent passage under UNCLOS, duty on free replacements and free supplies, and the Provisional Collection of Taxes Act 2023\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eAll duties of Customs: Basic Customs Duty, IGST on imports, Social Welfare Surcharge, Road and Infrastructure Cess, Additional Customs Duty under Sections 3(1)\/3(3)\/3(5), Anti-Dumping Duty, Countervailing Duty on subsidised goods, Safeguard Measures, NCCD, Education Cess, Export Duty, and the abolished GST Compensation Cess on imports\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cem\u003e\u003cspan\u003eClassification (Chapters 3–4)\u003c\/span\u003e\u003c\/em\u003e\u003c\/li\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cspan\u003eCustoms Tariff Act architecture, the Rules for Interpretation (GIR), application of GIR in the Tariff, conflict between headings, classification of parts, HSN\/ITC(HS), trade parlance theory, relevance of end-use, and burden of proof\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cem\u003e\u003cspan\u003eValuation (Chapters 5–7)\u003c\/span\u003e\u003c\/em\u003e\u003c\/li\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cspan\u003eTransaction value, WTO Valuation Agreement, rate of exchange, inclusions and exclusions from assessable value, valuation of second-hand machinery and old motor cars, declaration obligations of importer, and the five successive alternative methods (\u003cem\u003eidentical goods, similar goods, deductive, computed, residual\u003c\/em\u003e)\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eValuation of export goods, rejection of declared value, and over-invoicing\/mis-declaration.\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cem\u003e\u003cspan\u003eAssessment and Administration (Chapters 8–9)\u003c\/span\u003e\u003c\/em\u003e\u003c\/li\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cspan\u003eSelf-assessment, provisional assessment and its finalisation, interest on provisional assessment, best-judgment assessment, the doctrine of no res judicata in taxation, administrative hierarchy, and the binding nature of departmental circulars\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cspan\u003eProcedures (Chapters 10–19)\u003c\/span\u003e\u003c\/li\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cspan\u003eGeneral procedures for import or export by sea, air, and land; Customs stations, ICDs, AFSs, Special Notified Zone for rough diamonds, Indian sailing vessels (dhows)\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eImport procedures: Bill of Entry, valuation at assessment, payment under protest, relevant dates for rate and exchange, execution of bonds, clearance from the import policy perspective, post-self-assessment procedure, software imported through data communication, demurrage, storage pending clearance, and disposal of uncleared cargo\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eExport procedures: person-in-charge obligations, exporter obligations, 'let export' permission, and related procedures\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eCustoms Broker licensing, suspension and revocation, and limited liability\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eBaggage: general free allowance, transfer of residence allowance, rates, control provisions, procedures—fully updated for the Baggage Rules 2026 and CBDPR 2026.\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eCourier and post imports\/exports, e-commerce consignments, and the removed courier export value ceiling\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eExemption from Customs duty, interpretation of exemption notifications (\u003cem\u003estrict construction, purposive construction, and the intersection thereof\u003c\/em\u003e), specific exemptions\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eRemission of duty, re-imports, and re-exports\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cem\u003e\u003cspan\u003eDemands, Refunds, Recovery, and Warehousing (Chapters 20–27)\u003c\/span\u003e\u003c\/em\u003e\u003c\/li\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cspan\u003eDepartmental adjudication, demands under Section 28 (\u003cem\u003eordinary, undervaluation, and suppression\/wilful misstatement\/collusion routes\u003c\/em\u003e), interest for delayed payment, recovery of dues under Section 142\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eRefund of Customs duty, interest on delayed refunds, and the doctrine of unjust enrichment\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eWarehousing: public and private warehouses, MOOWR (Manufacture and Other Operations in a Warehouse) scheme, bonded manufacturing, warehousing period, interest, transfer of warehoused goods (\u003cem\u003eincluding the new Section 67 regime\u003c\/em\u003e), removal for home consumption or export\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cem\u003e\u003cspan\u003eEnforcement, Penalties, Confiscation, and Prosecution (Chapters 28–35)\u003c\/span\u003e\u003c\/em\u003e\u003c\/li\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cspan\u003eEnforcement powers of Customs officers (\u003cem\u003esearch, seizure, summons, arrest\u003c\/em\u003e)\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003ePenalties for non-payment of duty, other penalties under the Customs Act, confiscation of goods and conveyances, miscellaneous provisions, criminal offences, proofs in adjudication and prosecution, and the Interim Board for Settlement\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cem\u003e\u003cspan\u003eAppellate Machinery (Chapters 36–41)\u003c\/span\u003e\u003c\/em\u003e\u003c\/li\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cspan\u003eDepartmental appeal and review, First Appeal (\u003cem\u003eCommissioner Appeals\u003c\/em\u003e) and revision, appeal to CESTAT, powers and limitations of the Tribunal, and appeals to the High Court and the Supreme Court\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eDivision B — Foreign Trade Policy (Chapters 42–61)\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cem\u003e\u003cspan\u003ePolicy Framework (Chapters 42–46)\u003c\/span\u003e\u003c\/em\u003e\u003c\/li\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cspan\u003eOverview of FTP 2023, general provisions relating to imports and exports, IEC\/e-IEC, RCMC, status holder certification, import of goods, export of goods, and the District as Export Hub initiative\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cem\u003e\u003cspan\u003eExport Promotion Schemes (Chapters 47–51, 58)\u003c\/span\u003e\u003c\/em\u003e\u003c\/li\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cspan\u003eAdvance Authorisation—eligibility, Standard Input-Output Norms (SION), self-declaration norms, minimum value addition (\u003cem\u003e15% general, 50% tea, 25% spices, G\u0026amp;J sector separately\u003c\/em\u003e), mandatory spares, ineligible categories, accounting of inputs, pre-import conditions, duties exempted (\u003cem\u003eBCD, Additional Duty, Education Cess, Anti-Dumping, CVD, Safeguard, Transition Product Specific Safeguard, IGST, Compensation Cess\u003c\/em\u003e), admissibility of drawback, actual-user condition, free-of-cost supply by foreign buyer, domestic sourcing via ARO\/Invalidation Letter, SEZ sourcing, and currency for realisation\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eDFIA (Duty Free Import Authorisation)\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eGem and Jewellery Units\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eRoDTEP and RoSCTL remission schemes\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eEPCG and Project Imports\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eDuty Drawback—All Industry Rates, Brand Rates, claim procedure, drawback on re-export, and other drawback provisions\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cem\u003e\u003cspan\u003eExport-Oriented Entity Regimes (Chapters 52, 59, 61)\u003c\/span\u003e\u003c\/em\u003e\u003c\/li\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cspan\u003eEOU\/EHTP\/STP\/BTP—setup, entitlements, personal carriage, fast-track clearance for Status Holders, DTA sale, routine procedures\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eSpecial Economic Zones—Chapter 59 covers SEZ policy, setting up units, routine operations, supplies from DTA to SEZ and vice versa, Developer\/Co-Developer provisions, criteria for SEZ approval (\u003cem\u003eminimum investment of ₹250 crore or net worth ₹50 crore for sector-specific; ₹1,000 crore or net worth ₹250 crore for multi-product\u003c\/em\u003e), sub-contracting, boundary wall requirements, EEFC account entitlement for developers, FDI reduction norms, State policies, labour laws, exemption from cesses and duties, exemption from stamp duty under the Indian Stamp Act, GST provisions applicable to SEZ, and Free Trade Warehousing Zones (FTWZ)\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eInternational Financial Services Centre (IFSC)—regulatory background, IFSCA, financial services regulation, insurance, leasing, bullion, securities market, and education sector regulations\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cem\u003e\u003cspan\u003eSpecialised Regimes and Controls (Chapters 53–57, 60)\u003c\/span\u003e\u003c\/em\u003e\u003c\/li\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cspan\u003eDeemed Exports—categories of supply, deemed export by main\/sub-contractors, refund of Terminal Excise Duty, drawback on deemed exports, risk management, penal action for mis-declaration\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eQuality Complaints and Trade Disputes—CQCTD mechanism\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eCross-Border Trade in Digital Economy (E-Commerce)—courier\/post exports, E-Commerce Export Hubs (ECEHs), Dak Niryat Kendras\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eSCOMET—categories and licensing jurisdiction, export of SCOMET items, DTA-to-SEZ\/EOU supplies, export of imported SCOMET items, outreach programmes, voluntary self-disclosure\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eMiscellaneous FTP Provisions—transitional arrangements, trade facilitation, ease of doing business, time-bound DGFT services, grievance redressal, Free Trade Agreements (FTAs) and Preferential Trade Agreements (PTAs), Generalised System of Preferences (GSP), Duty-Free Tariff Preference (DFTP) for LDCs, Certificates of Origin, TRQ under FTA\/CECA, Rules of Origin (non-preferential), Approved Exporter Scheme (AES) for self-certification.\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eFT (D\u0026amp;R) Act and Rules—scheme of the Act, DGFT powers, penalty and adjudication, penalties for violation of FTP, continuation of proceedings against companies under the Insolvency Code\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe book follows a deliberate concept-to-compliance-to-enforcement progression:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eDivision A (Customs Law—Chapters 1–41)\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e opens with the conceptual framework (\u003cem\u003enature, taxable event, classification, valuation\u003c\/em\u003e), moves through transactional compliance (\u003cem\u003eimport, export, baggage, warehousing, exemptions\u003c\/em\u003e), and culminates in the full enforcement and appellate cycle (\u003cem\u003edemands, refunds, adjudication, penalties, prosecution, appeals up to the Supreme Court\u003c\/em\u003e)\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eDivision B (FTP—Chapters 42–61)\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e begins with the FTP 2023 framework and general import\/export policy, then sequences the export promotion instruments (\u003cem\u003eAdvance Authorisation, DFIA, EPCG, RoDTEP\/RoSCTL, Duty Drawback\u003c\/em\u003e), the entity-based regimes (\u003cem\u003eEOU\/EHTP\/STP\/BTP, SEZ, IFSC\u003c\/em\u003e), and the specialised regimes (\u003cem\u003eSCOMET, Deemed Exports, E-Commerce exports\u003c\/em\u003e). It closes with the FT (D\u0026amp;R) Act and ancillary enforcement machinery\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eWithin each chapter, the content is broken into numbered paragraphs and sub-paragraphs , each dealing with a discrete proposition of law or a specific compliance point. This enables the reader to navigate directly to the relevant paragraph without wading through continuous narrative\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eNavigational aids include:\u003c\/span\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eChapter-heads at the front\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eDetailed Contents at sub-paragraph level\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eSection-wise Index to the Customs Act 1962.\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eGlossary of Acronyms\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eSubject Index at the end\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e","brand":"Only Padhai","offers":[{"title":"Default Title","offer_id":45460197244951,"sku":null,"price":1816.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0803\/5054\/3895\/files\/Customs_ForeignTradePolicy_FTP_ReadyReckoner_952fbc20-1171-43f7-b999-6dea19cd2f24.png?v=1788160506"},{"product_id":"customs-law-practice","title":"Customs Law \u0026 Practice","description":"\u003cp\u003e\u003cem\u003e\u003cspan\u003eCustoms Law \u0026amp; Practice\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e is conceived as a practical, research-oriented and citation-friendly single-volume commentary on India's customs law. It brings together the Customs Act 1962 and the Customs Tariff Act 1975 in a structured, section-wise format, so that the practitioner does not have to move between multiple books, notifications, circulars, rules and case-law sources to understand the law applicable to a particular provision.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThe underlying philosophy of the publication is simple: the bare statute provides the text of the law, whereas effective professional practice requires much more. The commentary therefore places the statutory provision alongside its amendment history, detailed analysis, judicial interpretation, subordinate legislation, departmental circulars and practical illustrations wherever computation, timing, classification or characterisation can materially affect the outcome. The result is a consolidated reference work designed to move seamlessly from the text of the law to its practical application.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThe publication is equally relevant to professionals seeking a quick answer and to researchers who need to trace an issue comprehensively. Its consistent presentation makes it easy to locate the statutory provision, understand its legislative history, identify the relevant rules and regulations, review the departmental position and examine the leading judicial authorities. The approach is particularly useful for advisory assignments, litigation, audits, investigations, assessments, refund and drawback matters, as well as day-to-day import and export compliance.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eFor litigators and counsel, the commentary is structured to facilitate drafting of replies, appeals, written submissions and legal opinions. For tax and trade professionals, it provides a consolidated bridge between the statutory framework and the subordinate legislation and administrative guidance that govern actual customs practice. For corporates and in-house teams, it serves as a dependable desk reference for identifying legal exposure and evaluating compliance positions. This book is intended for the following audience:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChartered Accountants, Cost Accountants and Company Secretaries\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — Useful for customs advisory, opinions, refund and drawback claims, audits, assessments and broader indirect-tax assignments\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eAdvocates and Litigation Counsel\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — A practical research aid for preparing replies, appeals, written submissions and arguments, supported by mapped case-law and analytical commentary\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eCustoms Brokers, Freight Forwarders, Custodians and Logistics Professionals\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — Helps navigate licensing, manifests, transhipment, custodial responsibilities, cargo facilities and other operational obligations\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eImporters, Exporters and EXIM\/Trade-Compliance Teams\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — Supports day-to-day customs clearances, origin claims, bonded operations, duty deferment, amendments and post-clearance compliance\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eIn-house Finance, Tax and Legal Teams\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — Provides an integrated reference for valuation, related-party transactions, AEO matters, provisional assessment, audit and investigation exposure\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eCustoms and Departmental Officers\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — A consolidated reference for understanding statutory powers, jurisdiction, adjudication and penal provisions alongside the operative administrative framework\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eAcademicians, Students and Researchers\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — A useful source for structured study and deeper research in customs law, indirect taxation and international trade\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eTrade Policy and FTA Professionals\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — Brings together the relevant Rules of Origin and connects them with the broader customs framework\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Present Publication is the 2026 Edition, as amended by the Finance Act 2026 and updated till 1\u003csup\u003est\u003c\/sup\u003e August 2026. It is authored by Kishore Harjani, and is structured to provide a current and reliable statement of the law while retaining the historical trail necessary for understanding how the provisions have evolved. The book carries the following noteworthy features:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eComprehensive Section-wise Coverage\u003c\/strong\u003e] Detailed commentary on the Customs Act 1962 and the Customs Tariff Act 1975, including provisions that have been omitted, with appropriate reference to their earlier statutory position wherever relevant\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eComplete Amendment Trail\u003c\/strong\u003e] The legislative history of provisions is carefully tracked through amendments, insertions, substitutions, omissions and renumbering. Where historical wording is material, the earlier position is also retained so that the law applicable at a particular point in time can be reconstructed\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eStrong Judicial Perspective\u003c\/strong\u003e] Landmark judicial rulings and supporting decisions are brought together with the relevant propositions mapped to the provisions they interpret—making the case-law component practical rather than merely a list of authorities\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eThe Statute-to-Rule Bridge\u003c\/strong\u003e] Relevant rules and regulations framed under statutory provisions are systematically mapped, allowing readers to move directly from the enabling provision to the delegated legislation that gives it practical effect\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eCirculars and Departmental Guidance\u003c\/strong\u003e] Relevant CBIC circulars and instructions are presented substantively, explaining the administrative position and its practical significance, with references for verification. In all, 325 distinct circulars, 182 notifications and 115 instructions are cited. Important instruments issued by other authorities are also brought together where they influence customs practice\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003ePractical Illustrations\u003c\/strong\u003e] 138 worked illustrations are incorporated at provisions where calculations, timelines, procedural requirements or legal characterisation can change the result. These examples translate technical provisions into practical fact situations\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eFinance Act 2026 Guide\u003c\/strong\u003e] A dedicated opening section explains the customs-related amendments made by the Finance Act, 2026, including commencement and comparative treatment, making the latest legislative changes easier to understand\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eRules of Origin\u003c\/strong\u003e] 18 separate Rules of Origin frameworks are consolidated, from the GSTP Rules of 1989 through to the India–UK CETA Rules 2026, enabling professionals dealing with preferential trade agreements and origin claims to access the applicable rules in a single reference\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eRules, Regulations and Statutory Forms\u003c\/strong\u003e] Thirty-six sets of subordinate legislation are reproduced in an accessible arrangement, together with important forms, annexures and appendices, reducing the need to consult multiple external sources while working through the commentary\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eCustoms Tariff with Interpretative Framework\u003c\/strong\u003e] The Customs Tariff Act commentary is supplemented by the General Rules for Interpretation, explanatory material, units and abbreviations and the Export Tariff, supported by examples and relevant authority\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eAdditional Practical Materials\u003c\/strong\u003e] A dedicated compilation of common circulars and related administrative instruments issued by authorities such as RBI, CBDT, FSSAI and others is included where such material intersects with customs practice\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe book is arranged in three broad divisions to create a logical progression from the principal statutes to the subordinate legislative framework, and—within the two commentary divisions—on a single presentation template that repeats without variation from the first section to the last.\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eThree Integrated Divisions\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eDivision One | Customs Act 1962\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e — The Arrangement of Sections, then the full text of the Act with detailed section-wise notes under every provision, closing with supporting finding aids\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eDivision Two | Customs Tariff Act 1975\u003cstrong\u003e \u003c\/strong\u003e\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e— The Arrangement of Sections and the text with section notes, followed by the General Rules for Interpretation, the explanatory notes and the Export Tariff\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eDivision Three | Rules \u0026amp; Regulations\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e — Thirty-six sets of subordinate legislation in a consolidated format, each with its arrangement of rules, forms and annexures\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eA Consistent Template Throughout the Commentary\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — Each statutory provision follows a uniform presentation designed to make research faster and more intuitive\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eStatutory Text\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e — The provision as currently in force, under its marginal heading\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eAmendment Trail\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e — The full record of substitutions, insertions, omissions and renumbering, with the superseded text retained where it is material\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eAnalytical Commentary\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e — Depending on the provision, this brings together section notes, landmark rulings, relevant rules and regulations, departmental circulars and practical illustrations. The architecture allows the reader to understand not only what the provision says, but also how it operates in practice\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eIllustration Architecture\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eEach set of illustrations walks through a provision's full practical life cycle rather than sampling it. Under Section 129E, for instance, the sequence runs: pre-deposit at the first appellate stage; pre-deposit at the Tribunal stage; cumulative computation across both; the statutory monetary cap; the transitional saving for matters already pending; and recovery of the deposit on success—six numbered fact patterns on a single page, covering the question end to end\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eWith its combination of statutory text, legislative history, analytical commentary, case law, subordinate legislation, departmental guidance and practical illustrations, Customs Law \u0026amp; Practice is designed to serve as a comprehensive professional companion for anyone working with Indian customs law. For professionals who require more than the bare text of the law, this edition offers a structured route from provision to proposition, from proposition to authority, and from authority to practical application.\u003c\/span\u003e\u003c\/p\u003e","brand":"Only Padhai","offers":[{"title":"Default Title","offer_id":45460198096919,"sku":null,"price":2096.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0803\/5054\/3895\/files\/CustomsLaw_Practice.png?v=1788160270"},{"product_id":"dividends-deemed-dividend","title":"Dividends, Deemed Dividend","description":"\u003cp\u003e\u003cspan\u003eA dividend looks like the simplest transaction in corporate finance: a company earns profit, and gives some of it to its owners. That simplicity is an illusion. By the time a single rupee reaches a shareholder, it has had to survive Section 123 of the Companies Act 2013; the inclusive—and famously elastic—definition in Section 2(22) of the Income-tax Act 1961; the newly enacted Section 2(40) of the Income-tax Act 2025; a withholding obligation whose trigger point may have just moved; FEMA's Non-Debt Instruments Rules; an applicable DTAA read alongside the Multilateral Instrument; and some seventy years of accumulated judicial precedent, much of it decided on facts that no longer exist.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eDividends, Deemed Dividend—Declaration, Distribution and Conceptual Taxation Framework is CA. Nitin Bhuta's attempt—to hold all of that in a single hand. Drawing on thirty-three years of practice, the author has compressed a subject that ordinarily sprawls across three or four volumes into 142 pages of text across 21 chapters, without hollowing it out. As reviewer CA Srinivasan Anand. G. observes: \u003cem\u003e'The subject matter of a lengthy commentary running into 100s of pages in three or four volumes has been captured in a thin handy book in a concise manner.\u003c\/em\u003e'\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eWhat makes the book distinctive is its refusal to read tax law in a vacuum. The structural insight running through it is that a defective declaration under company law is the seed of a tax dispute—so the two must be read together. The book therefore moves fluidly between the Board resolution and the assessment order, between the Register of Members and Form 27Q, between Section 52 of the Companies Act and Section 2(22)(e) of the Income-tax Act. That is how the problem actually presents itself in practice, and almost never how it is written about.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eIt is also, unusually, a book written from inside a transition. It does not merely note that the Income-tax Act 2025 exists—it maps it, section by section and rule by rule, against the 1961 Act, then goes further and asks the question practitioners actually need answered: do the old judgments still work? The answer given is nuanced and, importantly, hedged. Under the doctrine of continuity, precedents under ITA 1961 'would, in principle, continue to hold persuasive value' under ITA 2025—but readers are expressly advised to test each pronouncement against the revised framework before relying on it. That is a more honest position than most transition literature takes.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eAbove all, the book takes positions. Contested questions are framed as 'Posers' and answered with the author's own reasoned view—on whether Section 56(2)(x) is triggered on capital reduction, whether PMS fees are deductible against dividend income, whether a year-end provision for proposed dividend attracts TDS, when a dividend held up by RBI approval becomes taxable, whether Section 94(7) reaches shares acquired by gift or inheritance. Several of these views are contentious, and the author says so, flagging where a position 'is likely to be subject to scrutiny and litigation.' A practitioner can disagree with them. But they are usable—which is more than can be said of a hedge.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThe book is pitched at anyone who has to make, defend, verify, or advise on a dividend decision:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChartered Accountants and Tax Consultants\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e—advising on declaration, quantifying deemed dividend exposure, determining withholding, defending positions in assessment and appeal\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eAdvocates and Litigators\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e—the Section 2(22) analysis is built on tracked Supreme Court and High Court precedent, indexed four ways for retrieval\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eStatutory Auditors\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e—Rule 11(f) requires the auditor's report to state 'Whether the dividend declared or paid during the year by the company is in compliance with section 123 of the Companies Act 2013.' The 44-point checklist exists to discharge precisely that duty\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eTax Auditors\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e—direct guidance on Clause 36A of Form 3CD (\u003cem\u003edeemed dividend\u003c\/em\u003e) and its analogue Clause 48 of Form 26 under ITR 2026, including what must be reported and, pointedly, what the auditor is not required to opine on\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eCompany Directors and Boards\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e—who carry the statutory obligation, and the personal exposure\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eCompany Secretaries and Compliance Officers\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e—record dates, book closure, minutes, MR-3, stock exchange intimation\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eCFOs and Corporate Tax Teams\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e, especially in closely held groups where intra-group loans routinely mutate into deemed dividends\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eInternational Tax and FEMA Practitioners\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e—FC-GPR, FC-TRS, APR, TRC, Form 10F, beneficial ownership, POEM, MLI Article 8\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eInvestors, NRIs and their Advisors\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e—dividend income, treaty relief, foreign tax credit\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eStudents and Academics\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e—a coherent integrated framework rather than fragmented statutory reading\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Present Publication is the Latest Edition, commissioned by The Chambers of Tax Consultants, authored by CA. Nitin Bhuta and published exclusively by Taxmann, with the following noteworthy features:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eMulti-disciplinary Text\u003c\/strong\u003e] Company law, tax law, FEMA and audit are read as one system. Not four subjects bolted together, but a single argument: the Articles authorise, the Board recommends, the AGM approves, the bank account segregates, the TDS crystallises, the auditor verifies, the assessee reconciles. Break the chain anywhere, and the consequences travel in every direction\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eMapping Tables\u003c\/strong\u003e] Includes two full comparative tables—ITA 1961\/IT Rules 1962 vs. ITA 2025\/IT Rules 2026\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eThe Core, Dissected\u003c\/strong\u003e] A 30+page forensic treatment of Section 2(22)\/Section 2(40). Every sub-clause (a) through (f) is analysed for its cumulative conditions, then stress-tested scenario by scenario with the governing precedent attached\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eThe Select Committee Record\u003c\/strong\u003e] Verbatim Parliamentary Select Committee proceedings on Clause 2(40). The book's most distinctive research contribution\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003ePositions, Not Hedges\u003c\/strong\u003e] Contested questions posed and answered. Eleven numbered Posers across five blocks, each with the author's view, the reasoning, and, where warranted, a candid risk rating.\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eA Working Paper for Rule 11(f)\u003c\/strong\u003e] A 44-point Corporate Dividend Audit Checklist with a formal sign-off block. Segmented into Corporate Law Documentation, Income Tax Law Documentation and Any other Documentation, with Yes\/No\/NA, tagged document reference, and Prepared By\/Reviewed By\/Approved By\/Working Papers Verified By. It is a working paper, not an illustration\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eFour Ways In\u003c\/strong\u003e] A 70-entry Index of Judicial Citations, Circulars and Notifications—plus an Alphabetical Judgment Index (\u003cem\u003e61 judgments\u003c\/em\u003e), a Subject-wise Index and an Income-tax Section-wise Index. Four routes into the same material\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eThirty Treaties at a Glance\u003c\/strong\u003e] A 30-country DTAA withholding rate table, with holding-threshold conditions and allocation of taxing rights\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eKnows Its Own Limits\u003c\/strong\u003e] Demonstrates intellectual honesty about its own boundaries. The author expressly declines to litigate buy-back capital gains controversies, noting that the book 'deals exclusively with the taxation of dividends'; and concedes that cross-border dividend taxation 'could, in itself, warrant a dedicated treatise'\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe coverage of the book is as follows:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChapter 1 — Synopsis\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eA two-page map of the argument: exemption → DDT → shareholder-level taxation; the Section 123 spine; the ITA 1961\/2025 comparison; deemed dividends; expense deductibility and anti-avoidance; international payouts, DTAAs and FEMA; buy-back and inter-corporate dividends\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChapter 2 — Conceptual Framework\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eOpens with the Dutch East India Company, the first public company to pay regular dividends—roughly 18% of share value annually for nearly two centuries. Under Section 123, listed, unlisted, closely held and foreign companies and OPCs may declare; LLPs and Section 8 companies are barred. Dividend policy is then read as a proxy for governance quality, contrasting professionally managed companies against closely held entities balancing distribution against tax and retention. Closes with the full arc of dividend taxation in tabular form: shareholder-taxable up to 31-3-1997 → Section 115-O DDT (\u003cem\u003e10%, 12.5%, 15%, 17.65% across years\u003c\/em\u003e) → Section 115BBDA (\u003cem\u003eAY 2017-18; an extra 10% above ₹10 lakh\u003c\/em\u003e) → Section 115R for mutual funds → today, fully taxable as 'Income from Other Sources', surcharge capped at 15%. Also flagged: dividends are specified financial transactions under Section 285BA (\u003cem\u003eSection 508 of ITA 2025\u003c\/em\u003e), making AIS\/TIS reconciliation a litigation-avoidance discipline rather than a formality\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChapter 3 — Corporate Law: Basic Provisions\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eInterim dividend is declared by the Board alone; final dividend is recommended by the Board and approved at the AGM. Where profits fall short, dividends may be paid from free reserves on four cumulative conditions: the rate must not exceed the three-year average; the withdrawal must not exceed one-tenth of paid-up capital plus free reserves; the sum drawn must first absorb the year's losses; and the residual reserve must not fall below 15% of paid-up capital. Critically, these bind only free reserves—the 'Surplus' balance may be distributed without limit\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eThen the Section 123 mechanics: deposit in a separate scheduled bank account within 5 days of declaration; payment only to the registered shareholder per the Register of Members; payment only in cash; disbursement within 30 days. Transfer to General Reserve is now optional, against the mandatory regime under Section 205(2A) of the 1956 Act. Non-residents trigger FEMA, the Non-Debt Instruments Rules and the FLA Annual Return—though the Companies Act prescribes no separate treatment for them. Also tested: AoA authorisation, stock exchange intimation, record-date book closure, the bar on distributing from share premium, and review of the statutory audit report and the Secretarial Audit Report (\u003cem\u003eForm MR-3\u003c\/em\u003e)\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChapter 4 — Comparative Sections and Rules\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eThe two mapping tables—worth the price of admission alone for anyone advising across the changeover. Roughly forty provisions are traced: 2(22)→2(40), 8→7, 14A→14, 45→67, 56→92, 57→93, 80M→148, 94→175, 92E→172, 95→178, 139→263, 194→393, 195→393, 206AA→397, 270A→439, 285BA→508, 297→536, among others. Note also the exemptions that simply disappear: 10(34), 10(34A) and 10(35) have no counterpart under ITA 2025\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChapter 5 — Residential Status\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eA burden-of-proof asymmetry opens the chapter: Section 6(2) presumes an HUF, firm or AOP resident, with the burden on the entity (\u003cem\u003eSubbayya Chettiar, SC\u003c\/em\u003e)—but for an individual or company the burden sits with the department (\u003cem\u003eMoosa S. Madha, SC\u003c\/em\u003e). Then the 182-day and 60\/365-day tests, the crew and visiting-PIO exceptions, deemed residence under Section 6(1A), and RNOR on the 120\/182-day band. The Article 4 tie-breaker runs in strict sequence, stopping the moment it resolves: Permanent Home → Centre of Vital Interests → Habitual Abode → Nationality → MAP. On split residency, ITA 1961 does not recognise it within a year, but Pradeep Narasimhan (2026) draws the key distinction—the DTAA allocates taxing rights; chargeability arises under domestic law—so treaty benefits may be claimed stream-by-stream\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eFor HUFs, firms and AOPs, control and management is de facto, not de jure: the task is locating the 'head and brain' (\u003cem\u003eNandlal Gandalal, SC\u003c\/em\u003e). An Indian company is resident by incorporation, with the reverse risk that control exercised abroad may create a PE or POEM there; foreign companies with turnover above ₹50 crore are tested on a POEM basis year by year—with a safeguard worth knowing: a POEM finding requires approval from a three-member collegium of Principal Commissioners\/Commissioners, and the company must be heard first\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChapter 6 — Definition of Dividend and Deemed Dividend Controversies\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eThe definition is inclusive, not exhaustive (\u003cem\u003eKantilal Manilal, SC\u003c\/em\u003e), so a distribution outside the listed sub-clauses may still be a dividend. A full side-by-side of Section 2(22) against Section 2(40) follows; the verdict is that the two are pari materia, re-arranged 'to simplify the law and facilitate implementation, thereby reducing potential litigation.' Two real departures emerge. Sub-clause (d): ITA 1961 reaches only accumulated profits arising after the year ending before 1st April 1933; ITA 2025 drops the date entirely. Sub-clause (f)—the buy-back cliff—is omitted from Section 2(40) by the Finance Act 2026: paid on or before 31-3-2026 it is deemed dividend; paid on or after 1-4-2026 it is capital gains under Section 69, even if the buy-back completed earlier\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eAccumulated profits are computed on commercial, not income-tax, profits: depreciation is deducted (\u003cem\u003eNavnitlal C. Jhaveri\u003c\/em\u003e); reserves are included (\u003cem\u003eP.K. Badiani, SC\u003c\/em\u003e) but provisions for taxation and dividends are not (\u003cem\u003eV. Damodaran, SC\u003c\/em\u003e); balancing charge is excluded (\u003cem\u003eUrmila Ramesh, SC\u003c\/em\u003e); tax-free income is included (\u003cem\u003eTea Estates India, SC\u003c\/em\u003e), while capital receipts count only if chargeable as capital gains (\u003cem\u003eShort Bros., SC\u003c\/em\u003e). Assessment additions split neatly—concealed income counts, inadmissible expenditure does not\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eSub-clause by sub-clause. (a) needs both distribution out of accumulated profits and release of assets, covering kind as well as cash—'a dividend need not be distributed in money; it may be distributed by delivery of property or a right having monetary value' (\u003cem\u003eKantilal Manilal\u003c\/em\u003e), valued at market value when entitlement arises; bonus shares to equity holders release nothing, so fall outside. (b) catches debentures and deposit certificates, and bonus shares to preference holders, despite no release of assets. (c) applies only in liquidation, and counter-intuitively bites even where the distribution does not exceed subscribed capital (\u003cem\u003eVidyutrai V. Desai\u003c\/em\u003e). (d) carries a sharp drafting catch: unlike (f), it cites no Companies Act section, so it applies whether the reduction runs through Section 66 or Section 230—and extinguishment of rights is a 'transfer' under Section 2(47) (\u003cem\u003eKartikeya V. Sarabhai; Grace Collis, SC\u003c\/em\u003e)\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eSection 2(22)(e)—the litigation engine. Two scenarios: a closely held company lending to a registered shareholder who is the beneficial owner of shares carrying ≥10% of voting power (\u003cem\u003edividend in his hands\u003c\/em\u003e), or to a concern in which that shareholder has a substantial interest—≥20% of equity share capital where the concern is a company, or of its income otherwise (\u003cem\u003edividend in the concern's hands\u003c\/em\u003e). The trap most people miss: holdings in different capacities cannot be aggregated—individual and HUF capacity count separately\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eMore than twenty transaction types are then sorted, each with its governing precedent. Caught: overdrafts, loans in kind, layered arrangements routed on a shareholder's behalf (\u003cem\u003eL. Alagusundaram Chettiar, SC\u003c\/em\u003e), consistent debit balances, advances against property lacking immediacy (\u003cem\u003eSunil Chopra\u003c\/em\u003e), loans funded out of exempt agricultural income—bona fide intent being no defence, since the provision bites on grant. Outside: corporate guarantees; subsidiary loans where the recipient is not a shareholder (\u003cem\u003eRajeev Chandrashekhar\u003c\/em\u003e); genuine trade advances (\u003cem\u003eCircular 19\/2017\u003c\/em\u003e); debtor–creditor dealings; business advances (\u003cem\u003eAccel Ltd.\u003c\/em\u003e); money-lending in the ordinary course; beneficial but unregistered shareholders (\u003cem\u003eNational Travel Services, SC\u003c\/em\u003e); call money and share application money; and distributions out of share premium, barred by Section 52. Three further rules: an amount once taxed cannot be taxed again (\u003cem\u003eG. Narasimhan, SC\u003c\/em\u003e); repayment within the same year is no defence (\u003cem\u003eTarulata Shyam, SC\u003c\/em\u003e); and there is no monetary threshold at all\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eTax audit interface. Clause 36A of Form 3CD (\u003cem\u003eClause 48 of Form 26\u003c\/em\u003e) requires transaction-by-transaction reporting, cross-verified against Form 26AS\/AIS\/TIS. Crucially, the auditor need not opine on taxability or quantify the amount: 'the reporting requirement is factual and disclosure-oriented, not determinative of tax liability'\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eFour Posers on capital reduction. Is Section 56(2)(x) triggered in the company's hands? (\u003cem\u003eNo, it distributes rather than receives.\u003c\/em\u003e) Is there a recognisable capital loss? (\u003cem\u003eNo clarity in existing law.\u003c\/em\u003e) Do Sections 50CA\/50D apply? (\u003cem\u003e'A thin interpretational boundary'.\u003c\/em\u003e) Does Section 47(iv) exempt a holding–subsidiary reduction? (\u003cem\u003eA 'genuine disconnect between section 47(iv), Section 2(47) and Section 2(22)(d)'.\u003c\/em\u003e)\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChapter 7 — Taxability and Issues\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eThe sharpest structural point in the book: Section 8 (1961) and Section 7(2) (2025) are computation provisions, not charging provisions—they govern timing, not chargeability. Declaration alone therefore creates no taxability: it 'merely reflects the intention of the company and does not confer an enforceable right unless and until it is approved by the shareholders at the Annual General Meeting' (\u003cem\u003eMafatlal Gagalbhai; J. Dalmia, SC\u003c\/em\u003e). Interim dividend is taxed when the amount is unconditionally made available\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eThree Posers, with a deliberate contrast. Where RBI approval is pending, tax falls in the later year. Where legal heirs receive unpaid dividends years later, they are not taxable in their hands; the receipt 'would partake the character of inheritance.' But a procedural lapse changes nothing: 'Procedural delays or lapses in obtaining regulatory approvals cannot, in themselves, defer the incidence of tax on such dividend income.' A substantive approval condition defers; a procedural lapse does not\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChapter 8 — Dividend Income Characterisation\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eDividend is chargeable under 'Income from Other Sources'—invariably—whether earned by an investor, a trader or a businessman (\u003cem\u003eChugandas, SC\u003c\/em\u003e). One page, because the answer is one sentence\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChapter 9 — Expenses Deductible\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eNo deduction against dividend income other than interest—and that interest deduction, previously capped at 20% of the dividend, has now been withdrawn altogether by the Finance Act 2026. On PMS fees: not deductible, since such expenses 'cannot be regarded as commission or remuneration incurred for the purpose of realising dividend income'; a proportionate claim on the 'wholly and exclusively' test may be explored, but 'the claim is likely to be subject to scrutiny and litigation'\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChapter 10 — Dividend Stripping\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eBuying cum-dividend, selling post-record-date, harvesting exempt dividend plus a booked loss. Section 94(7)—introduced from AY 2002-03, now Section 175 of ITA 2025—disallows the loss where securities are bought within three months before the record date and sold within three months after (\u003cem\u003enine months for units\u003c\/em\u003e). The obituary is precisely dated: efficient until 31\u003csup\u003est\u003c\/sup\u003e March 2020, then dead once dividends became taxable. A point most texts miss—the treatment is not aligned with accounting: under AS 13, dividends from pre-acquisition profits may be a recovery of cost. Shares acquired by gift, inheritance or merger ordinarily escape, there being no 'conscious purchase undertaken with the intent of availing dividend income and generating artificial losses'\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChapter 11 — Buy-Back of Shares\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eA cyclical history in four acts: capital gains under Section 45 from 1\u003csup\u003est\u003c\/sup\u003e April 1999; exempt in shareholders' hands under Section 10(34A), with the company paying 20% under Section 115QA, from 1\u003csup\u003est\u003c\/sup\u003e June 2013; deemed dividend under Section 2(22)(f), with 115QA falling away, from 1\u003csup\u003est\u003c\/sup\u003e October 2024; and capital gains under Section 69 of ITA 2025 from 1\u003csup\u003est\u003c\/sup\u003e April 2026. As the author observes: 'The taxation of buy-backs has witnessed a cyclical evolution, akin to dividend taxation—indicative of continued policy experimentation over nearly three decades'\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eThe NCLT analysis is the standout. Section 230(10) bars the Tribunal from sanctioning a scheme involving buy-back unless it complies with Section 68—so a scheme buy-back is a Section 68 buy-back and attracts 2(22)(f). But Section 242 has no equivalent provision, so in oppression and mismanagement petitions, purchases by other members are no buy-back at all, and purchases by the company under Section 242(2)(b)\/(c) fall outside 2(22)(f)\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eTwo computational points are easy to miss. Under the deemed-dividend regime (October 2024 to March 2026), Section 69 deems the full value of consideration to be NIL, so the cost of acquisition produces a capital loss alongside the dividend charge. From 1 April 2026, Section 69(1) instead takes the consideration actually received into account—and the new Section 69(2) layers an additional tax on promoters, taking the total capital gains burden to 22% for a promoter company and 30% for other promoters. Also covered: the 25% ceiling on paid-up capital and free reserves; up to 10% of net worth on Board approval, beyond that by Special Resolution; mandatory extinguishment; and the three modes\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChapter 12 — Deduction for Inter-Corporate Dividends\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eSection 80M (\u003cem\u003eSection 148 of ITA 2025\u003c\/em\u003e): the deduction is available only to a domestic company, in respect of dividends received from a domestic company, foreign company or business trust and subsequently redistributed—up to one month before the Section 139(1) due date—and claimable only once on the same amount. The gross-versus-net controversy is closed by Distributors (Baroda) P. Ltd. v. UOI (SC): computed 'with reference to the gross amount of dividends received and not the net amount after deductions.' A four-company illustration walks the rule through four fact patterns\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChapter 13 — Taxation of International Dividend Payouts\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eTreaty architecture rests on Article 10, with the policy contrast made explicit: the OECD Model favours lower source-state withholding; the UN Model gives the source state more. Indicative OECD rates are 5% where the beneficial owner is a company holding ≥25% of capital for 365 continuous days, and 15% otherwise; MLI Article 8 adds holding periods to block treaty shopping\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eUnder FEMA, FDI and ODI are capital account transactions—FC-GPR within 30 days, FC-TRS within 60 days, APR by 31\u003csup\u003est\u003c\/sup\u003e December. But dividend remittances are current account transactions—freely repatriable, no approvals, no cap on quantum. That liberality does not excuse company law: Section 127 still mandates timely payment\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eWithholding runs under Section 195 at the more beneficial of Act or treaty rate, supported by TRC, Form 10F and no-PE declarations, with Form 15CA\/15CB before remittance. Mitsui Kinzoku (2026) holds that tax must be restricted to the Article 10 rate and 'any excess tax collected is liable to be refunded.' Two 2026 decisions then shift the ground: in Tiger Global (SC) a TRC, though necessary, is not sufficient in isolation—benefits must be substantiated through beneficial ownership, commercial substance and absence of treaty abuse; and in Binny Bansal, despite relocating to Singapore, the assessee was held resident in India on Centre of Vital Interests, the extended 182-day threshold being 'not automatically available'\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eA live, unresolved problem. Withholding currently triggers on declaration, distribution or payment—but Section 393(2) (Entry 17) of ITA 2025 appears to trigger it on declaration alone, while FEMA permits remittance only on actual payment. The author recommends seeking CBDT clarification and staying conservative meanwhile—precisely the kind of forward-looking flag that justifies a transition-year book\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eRounding out: transfer pricing (\u003cem\u003eForm 3CEB\/Form 48; a 2% penalty on the value of each international transaction, plus new Finance Act 2026 fees of ₹50,000 and ₹1,00,000 for a late accountant's report\u003c\/em\u003e); outbound ODI, where Section 80M is 'not straightforward'; and the cooperation framework (\u003cem\u003eMAP, Exchange of Information\u003c\/em\u003e). The consequence, bluntly: 'Cross-border dividend receipts are no longer passive income streams—they are actively monitored tax events'\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChapter 14 — Withholding Taxes and TDS on Dividend\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eThe double-taxation objection is dismissed at the outset: a company is taxed as a separate legal entity and shareholders independently, so 'the levy of tax on dividends does not amount to double taxation'\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eMechanics: trigger at the earlier of declaration-and-approval, payment or credit; deposit by the 7\u003csup\u003eth\u003c\/sup\u003e of the following month (\u003cem\u003e30\u003csup\u003eth\u003c\/sup\u003e April for March\u003c\/em\u003e); returns in Form 26Q and 27Q; certificates in Form 16A. Rates: 10% to residents, on a ₹5,000 threshold under ITA 1961 and ₹10,000 under ITA 2025 for individual shareholders—no threshold for others; 20% where a valid PAN is unavailable; and for non-residents, rates in force plus surcharge and cess, with no threshold. Special rates run at 10% for GDRs and offshore banking divisions, and 20% for FII income, NRI investment income and foreign-company dividends. An operational warning worth its weight: do not deduct TDS on a deemed dividend—deduction arises only where dividends are declared and paid to shareholders\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eA 30-country DTAA table runs from Hong Kong, Malaysia and Saudi Arabia at 5%, through the 10% band (\u003cem\u003eNetherlands, Germany, France, Japan, UAE, Switzerland and others\u003c\/em\u003e), to 15% (\u003cem\u003eUK, Australia, Belgium, Korea\u003c\/em\u003e), with holding-threshold conditions for the USA, Canada, Denmark, Singapore, Italy and Mauritius. An 8-step checklist covers the lower\/nil deduction application under Section 395(1). Two Posers close the chapter: a year-end provision for proposed dividend attracts no TDS, no enforceable right arising until AGM approval; and where a shareholder becomes non-resident, deduction falls under Section 195, not Section 194\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChapter 15 — Tax Jurisprudence\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eSix anchor principles under the doctrine of continuity, offered as post-addition defences: stripping benefits cannot be denied absent specific anti-avoidance provisions (\u003cem\u003eWalfort, SC\u003c\/em\u003e); legitimate tax planning is not evasion (\u003cem\u003eAzadi Bachao Andolan, SC\u003c\/em\u003e); Section 14A applies across all heads (\u003cem\u003eMaxopp, SC\u003c\/em\u003e) but not absent proximate nexus; and—quietly valuable—no Section 270A penalty where the AO merely re-characterises income, or on a bona fide claim disallowed after full and true disclosure\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChapter 16 — Corporate Dividend Audit Checklist\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eCorporate Law Documentation (1–10)\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e — AoA authorisation; Board and AGM resolutions and their minuting; stock exchange intimation; record date and closure of the Register of Members; payout through the designated dividend bank account; the bar on securities premium; deposit and debenture default; and whether the statutory auditor or Company Secretary raised any qualification, Emphasis of Matter or adverse remark (\u003cem\u003eForm MR-3\u003c\/em\u003e)\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eIncome Tax Law Documentation (11–35)\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e — TDS correctness for residents and non-residents; the full non-resident document set (\u003cem\u003eTRC, Form 10F, no-PE, POEM and beneficial-ownership declarations\u003c\/em\u003e); Forms 15CA\/15CB; defaults quantified as contingent liabilities and reported in CARO; transfer pricing and GAAR; reconciliation with Form 26AS, AIS and TIS; Section 80M; and sub-clause testing of 2(22)(a)–(f)—with the nice precision that item 32, on clause (f), cites only ITA 1961, since it has been deleted from Section 2(40)\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eAny Other Documentation (36–44)\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e — Whistle-blower complaints, FC-GPR\/FC-TRS\/APR, TCS on ODI, and stamp duty on liquidation and capital reduction\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eA sign-off block\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e — Prepared By\/Reviewed By\/Approved By\/Working Papers Verified By, each dated—closes it. A document designed to go in a file\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChapters 17–20 — Four Indices\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eIndex of Judicial Citations, Circulars and Notifications (\u003cem\u003e70 entries, with forum and page reference\u003c\/em\u003e); Alphabetical Judgment Index (\u003cem\u003e61 judgments\u003c\/em\u003e); Subject-wise Index; Income-tax Section-wise Index\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChapter 21 — Conclusion\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eThe thesis restated: 'dividends are not just financial distributions but are also a reflection of good governance, corporate responsibility, and the enduring relationship between companies and their investors.' Declaration is 'not merely a financial decision but a statutory obligation'\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe structure of the book is as follows:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eStatute First, Side by Side\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — The chapter opens with the provision, not with commentary about it. The statutory language is set out first, and where the 2025 Act has a counterpart the two are printed side by side—ITA 1961 on the left, ITA 2025 on the right—so the reader sees the drafting change rather than being told about it. This is why the sub-clause (d) date deletion, the sub-clause (e) re-ordering and the sub-clause (f) omission register as changes instead of disappearing into prose\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eThe Test Before the Facts \u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e— The cumulative conditions are then isolated. Before any scenario is discussed, the chapter states exactly what must be simultaneously satisfied for the provision to bite—two conditions for 2(22)(a), a specific pairing for 2(22)(b), a liquidation precondition for 2(22)(c). The reader gets the test before the fact patterns, which is the reverse of how most commentaries proceed and considerably faster to use\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eScenario Tables | Commentary as Lookup\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — The scenario table is the load-bearing device. The bulk of each analytical chapter is a two-column grid — Scenario on the left, Reasoning on the right, with a Judicial Support block embedded in the right-hand cell carrying the case name, full parallel citations and the deciding forum. Overdraft, loan in kind, corporate guarantee, trade advance, debtor–creditor, call money, share application money, distribution out of share premium: each is a row. A practitioner facing a specific transaction does not read the chapter—they find their row\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003ePosers | Flagged, Never Blended\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — Where the law is genuinely unsettled, the format changes deliberately. The scenario table stops and a Poser begins: the question, the author's view, the reasoning, and—where the position is exposed—an explicit risk flag. Eleven appear across five chapters, visually and structurally distinct from the settled material, so the reader always knows whether they are being told what the law is or what the author thinks it is. That separation is the book's central act of intellectual honesty\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eTakeaways You Can Lift\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — Where a chapter has a portable rule, it closes with a short bulleted Takeaways block a reader can drop straight into a file note. Three chapters carry one: the strict-documentation rule for Section 123 (\u003cem\u003eChapter 3\u003c\/em\u003e), the three-month\/nine-month rule for dividend stripping (\u003cem\u003eChapter 10\u003c\/em\u003e), and the domestic-company-only rule for Section 80M (\u003cem\u003eChapter 12\u003c\/em\u003e)\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eLength Follows the Litigation\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — Proportion is argued, not accidental. Chapter 8 runs to a single page because the answer—dividend is always Income from Other Sources—is a single sentence. Chapter 6 runs to thirty-four because that is where the litigation lives. The book spends its length where the disputes are\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eTwo Deliberate Exceptions\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — Two chapters break the template on purpose. Chapter 4 is nothing but comparative tables—no narrative at all—because its job is reference, not argument. Chapter 16 is a printable working paper with Yes\/No\/NA columns, a tagged-document-reference column and a four-signature sign-off block, formatted to be completed and filed rather than read\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eFour Indices, Four Entry Points\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — A litigator enters through the Alphabetical Judgment Index; a compliance officer through the Subject-wise Index; a tax auditor through the Income-tax Section-wise Index; anyone tracking a circular through the Index of Judicial Citations. Every index carries page references into the body. The book is designed to be read front to back once, and opened at the point of need thereafter\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"Only Padhai","offers":[{"title":"Default Title","offer_id":45460236468247,"sku":null,"price":363.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0803\/5054\/3895\/files\/Dividends_DeemedDividend_Declaration_DistributionandConceptualTaxationFramework.png?v=1788161226"},{"product_id":"foreign-exchange-management-manual-with-fema-and-fdi-ready-reckoner-fema-case-laws-digest","title":"Foreign Exchange Management Manual with FEMA and FDI Ready Reckoner \u0026 FEMA Case Laws Digest","description":"\u003cp\u003e\u003cem\u003e\u003cspan\u003eForeign Exchange Management Manual\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e is the definitive single-source compendium on India's foreign exchange law. Across forty-eight editions, it has become the standard desk reference for everyone who advises on, administers, banks, or adjudicates cross-border transactions—and this edition arrives in the middle of the most substantial rewrite of India's exchange-control machinery in over two decades.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eIndian exchange control is unusually layered:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003eThe Foreign Exchange Management Act 1999 is only a compact enabling statute\u003c\/li\u003e\n\u003cli\u003eThe operative law lives beneath it—in Rules framed by the Central Government, Regulations and Directions issued by the Reserve Bank of India, twenty-one consolidated Master Directions revised continuously, A.P. (\u003cem\u003eDIR Series\u003c\/em\u003e) Circulars that shift positions mid-year, Press Notes and the Consolidated FDI Policy issued by DPIIT, and six decades of judicial precedent reaching back through FERA 1973 to the exchange-control regime that preceded it\u003c\/li\u003e\n\u003cli\u003eNo single instrument states the law. The answer to almost any practical question sits at the intersection of four or five of them—and frequently turns on whether a 2003 circular was later incorporated into a Master Direction or superseded by a subsequent one\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThis Manual is built precisely for that problem.\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003eIt reproduces the annotated text of FEMA, 1999, together with the complete body of 40 Rules and Regulations, 16 heads of Notifications, 21 Master Directions and 4 Memoranda of Instructions issued under it\u003c\/li\u003e\n\u003cli\u003eIt then surrounds that statutory core with the allied regimes that invariably travel with foreign exchange work — the Foreign Contribution (Regulation) Act, 2010, the Prevention of Money Laundering Act, 2002, the Consolidated FDI Policy, the Foreign Trade (Development and Regulation) Act, 1992, COFEPOSA and SAFEMA\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eWhat separates this Manual from a conventional bare-act compilation is its second volume, which does not repeat the law but operationalises it through three purpose-built research instruments:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eFEMA \u0026amp; FDI Ready Reckoner\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— 56 chapters and over 1,060 numbered paragraphs answering questions the way practitioners actually ask them, with every proposition footnoted inline to the governing Master Direction paragraph, Regulation or Circular;\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eFEMA Case Laws Digest\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— 858 digested decisions arranged section-wise across FEMA 1999 and FERA 1973, spanning 1963 to 2026, from the Supreme Court, fourteen High Courts, the Appellate Tribunal for Foreign Exchange, the SAFEMA Appellate Tribunal and the erstwhile FERA Board; and\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eRBI Circulars \u0026amp; Clarifications Register (2000–2026)\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— A serially numbered catalogue of 1,613 circulars which, for most entries, records whether the circular has been incorporated into a Master Direction or Master Circular, or superseded by a later circular, followed by the full text of those that remain operationally relevant.\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe result is a reference that works in both directions: from the provision to the practice, and from the practical question back to the authority.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThis Manual is written for professionals whose work is decided by the precise text of an exchange-control instrument—and by the judicial gloss placed on it.\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eChartered Accountants, Company Secretaries and Cost Accountants\u003c\/em\u003e\u003c\/strong\u003e—certifying FEMA compliances, filing FC-GPR, FC-TRS, Form DI, Form InVi, Form ODI, APR, FLA and ECB-2 returns, and advising on inbound and outbound structures\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eAdvocates and Law Firms\u003c\/em\u003e\u003c\/strong\u003e—appearing before Adjudicating Authorities, the Special Director (Appeals), the Appellate Tribunal for Foreign Exchange, the High Courts and the Supreme Court in FEMA, FERA, FCRA, COFEPOSA and PMLA matters\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eAuthorised Dealer Banks and Authorised Persons\u003c\/em\u003e\u003c\/strong\u003e—AD Category-I, II and III entities, Full Fledged Money Changers facing the closure of fresh authorisations, the newly defined Forex Correspondents, MTSS agents, and trade-finance and treasury desks applying Master Directions transaction by transaction\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eChief Financial Officers, Treasury Heads and In-house Legal \u0026amp; Compliance Teams\u003c\/em\u003e\u003c\/strong\u003e—of multinational groups, export–import houses, listed companies, GCCs and start-ups with foreign investors\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eForeign Investors, FPIs, FVCIs, AIFs and Investment Vehicles\u003c\/em\u003e\u003c\/strong\u003e—and their Indian advisors navigating sectoral caps, entry routes, pricing guidelines, downstream investment and transfer-of-securities rules\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eNRIs, OCIs and Persons of Indian Origin\u003c\/em\u003e\u003c\/strong\u003e—and those advising them on accounts, immovable property, inheritance, repatriation and remittance of assets\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eOfficers of the Reserve Bank of India, the Directorate of Enforcement and DPIIT\u003c\/em\u003e\u003c\/strong\u003e—and members of Adjudicating and Appellate Authorities\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eNGOs, Trusts, Societies and Section 8 Companies\u003c\/em\u003e\u003c\/strong\u003e—receiving foreign contribution and administering FCRA registration, renewal, the designated SBI FCRA Account, utilisation and reporting obligations\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eIFSC\/GIFT City participants\u003c\/em\u003e\u003c\/strong\u003e—banking units, fund managers and IFSCA-regulated entities working under the IFSC carve-outs in section 44A and the IFSC Regulations\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eAcademics, Researchers and Aspirants\u003c\/em\u003e\u003c\/strong\u003e—pursuing professional examinations and postgraduate courses in international finance, banking law and corporate law\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Present Publication is the 48\u003csup\u003eth\u003c\/sup\u003e\u003cspan class=\"apple-converted-space\"\u003e \u003c\/span\u003eEdition | August 2026, amended up to 15\u003csup\u003eth\u003c\/sup\u003e July 2026. This book is edited\/authored by Taxmann's Editorial Board, with the following noteworthy features:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e[\u003cstrong\u003eWhat's New—Three Foundational Regulations Replaced in 2026\u003c\/strong\u003e] FEMA's licensing, trade and guarantee architecture was rewritten in a single year, and this Edition is built around absorbing that.\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eAuthorised Persons Regulations 2026 [\u003cem\u003eFEMA 401\/2026-RB, dated 30-4-2026\u003c\/em\u003e]—codify the AD Category-I\/II\/III tiers in a Regulation for the first time, introduce the Forex Correspondent, close fresh FFMC authorisations and route applications through the PRAVAAH portal. Reproduced with the new Form GRN in the forms list, the new defined terms already in the Glossary, and Ready Reckoner Chapter 2 written against the new tiers\u003c\/li\u003e\n\u003cli\u003eExport and Import of Goods and Services Regulations 2026 [\u003cem\u003eFEMA 23(R)\/2026-RB, dated 13-1-2026\u003c\/em\u003e]—supersede the 2015 Export Regulations, bring imports into the same instrument, and extend the Export Declaration Form to services and software. Reproduced, even though they do not commence until 1\u003csup\u003est\u003c\/sup\u003e\u003cspan\u003e \u003c\/span\u003eOctober 2026, giving readers a transition window rather than a retrospective account\u003c\/li\u003e\n\u003cli\u003eGuarantees Regulations 2026 [\u003cem\u003eFEMA 8(R)\/2026-RB, dated 6-1-2026\u003c\/em\u003e]—replacing an instrument that had stood since May 2000, with the superseded 2000 Regulations named in a footnote at the head of the replacement text\u003c\/li\u003e\n\u003cli\u003eAlso absorbed—the Compounding Proceedings Rules 2024; the RBI (Margin for Derivative Contracts) Directions 2024; the PMLA Schedule as amended by the Jan Vishwas Act 2023; and FDI Press Notes to Press Note No. 2 (2026 Series)\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e[\u003cstrong\u003eMaster Directions Genuinely Updated—and Dated\u003c\/strong\u003e]\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eAll 21 Master Directions are reproduced\u003c\/li\u003e\n\u003cli\u003eThose stamps run to the Edition's cut-off—24-6-2026, 15-6-2026, 5-6-2026, 13-5-2026, 6-5-2026, 1-4-2026, 16-2-2026 and 12-1-2026\u003c\/li\u003e\n\u003cli\u003eAmendments inside a Direction are footnoted the same way, with the earlier wording set out beneath\u003c\/li\u003e\n\u003cli\u003eA reader can see at a glance how current each Direction is, rather than taking 'updated' on trust\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e[\u003cstrong\u003eAnnotated, Not Merely Reproduced\u003c\/strong\u003e]\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eVolume 1 carries 684 numbered amendment footnotes—315 substitutions, 308 insertions and 61 omissions—each naming the amending instrument and its effective date\u003c\/li\u003e\n\u003cli\u003eAt 259 places the pre-amendment text is reproduced in full, under 'Prior to its substitution, … read as under'\u003c\/li\u003e\n\u003cli\u003eSections omitted by the Finance Act 2017 are retained in place with their omission noted\u003c\/li\u003e\n\u003cli\u003eThis matters because exchange-control disputes are ordinarily decided by the law in force on the transaction date, not the hearing date\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e[\u003cstrong\u003eThe FEMA Glossary—A Consolidated Definitions Table\u003c\/strong\u003e]\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eMore than 230 defined terms, each set out in four columns—serial number, the word or expression, its definition, and the exact Section, Rule or Regulation it comes from\u003c\/li\u003e\n\u003cli\u003eWhere a term carries different meanings under different instruments, every variant appears side by side with a footnote identifying the source\u003c\/li\u003e\n\u003cli\u003e'Applicant', for instance, is given three separate meanings across the Adjudication Proceedings and Appeal Rules, 2000 and the Compounding Proceedings Rules, 2024\u003c\/li\u003e\n\u003cli\u003eSources are footnoted to more than thirty instruments, including all three 2026 Regulations\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e[\u003cstrong\u003eFEMA \u0026amp; FDI Ready Reckoner—56 Chapters, Over 1,060 Paragraphs\u003c\/strong\u003e]\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eA subject-wise, plain-language treatment written as answers rather than abstracts—limits, eligibility conditions, prohibited purposes, documentation, time limits and reporting obligations stated directly\u003c\/li\u003e\n\u003cli\u003eThe authority is cited inline for immediate verification, whether a Master Direction paragraph, a Regulation, an A.P. (DIR Series) Circular or a dated Notification\u003c\/li\u003e\n\u003cli\u003eCarries its own Acronyms table and its own Subject Index, keyed to paragraph numbers rather than pages\u003c\/li\u003e\n\u003cli\u003eChapter 20, 'Sector-wise FDI Policy at a Glance', cross-maps every sector to both the Serial No. of Schedule I to the Non-debt Instruments Rules 2019 and the paragraph of the Consolidated FDI Policy—collapsing a two-instrument lookup into one row\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e[\u003cstrong\u003eSection-wise FEMA Case Laws Digest—858 Decisions, 1963 to 2026\u003c\/strong\u003e]\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e237 decisions under FEMA 1999, arranged under 26 section-heads, and 621 under FERA, 1973, under 46 section-heads\u003c\/li\u003e\n\u003cli\u003eCoverage spans the Supreme Court, fourteen High Courts, and the tribunals where most exchange-control matters are actually decided—the Appellate Tribunal for Foreign Exchange, the SAFEMA and PMLA Appellate Tribunals and the erstwhile FERA Board, which together outnumber any single court\u003c\/li\u003e\n\u003cli\u003eUpdated—30 decisions reported in 2024, 33 in 2025 and 17 in 2026\u003c\/li\u003e\n\u003cli\u003eLandmark rulings digested include Internet and Mobile Association of India v. RBI (SC), SEBI v. Pan Asia Advisors Ltd. (SC), Union of India v. Citi Bank, N.A. (SC) and Akshay N. Patel v. RBI (SC), each with parallel citations\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e[\u003cstrong\u003eRBI's Circulars \u0026amp; Clarifications—A Status Register, Not Just a List\u003c\/strong\u003e]\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eThe register catalogues 1,613 serially numbered circulars, from the 2000-01 series to the 2026-27 series\u003c\/li\u003e\n\u003cli\u003eIts fourth column records each circular's current status—over 540 flagged as incorporated into a Master Direction, over 320 into a Master Circular, and over 950 as superseded by a later circular, each with a pointer to the Division carrying the successor text\u003c\/li\u003e\n\u003cli\u003eSeveral hundred entries carry more than one flag, so the register tells the reader not merely what a circular said, but whether it still says it\u003c\/li\u003e\n\u003cli\u003eThe full text of the circulars that remain operationally relevant follows\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e[\u003cstrong\u003eA Separate, Fuller FCRA Case Laws Digest\u003c\/strong\u003e]\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eDivision Seven closes with its own Case Laws Digest in a richer, law-report format\u003c\/li\u003e\n\u003cli\u003e23 decisions, each carrying a headnote framed as 'Whether … Held, yes', a FACTS section and a HELD section\u003c\/li\u003e\n\u003cli\u003eCoverage runs from 1991 to 2024 across the Supreme Court and the Delhi, Madras, Kerala and Calcutta High Courts, and includes the Electoral Bond Scheme and foreign political-funding litigation\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e[\u003cstrong\u003eMulti-Route Finding Architecture\u003c\/strong\u003e]\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eEight indexed entry points—Basic Notifications (\u003cem\u003e92 entries\u003c\/em\u003e), Amending Notifications (\u003cem\u003e54 entries\u003c\/em\u003e), a chronological List of Notifications (\u003cem\u003e541 entries\u003c\/em\u003e), Notifications under the PMLA, Master Directions (\u003cem\u003e21\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e\u003cem\u003eentries\u003c\/em\u003e), FDI Circulars and Press Notes (\u003cem\u003e30\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e\u003cem\u003eentries\u003c\/em\u003e), Prescribed Forms (\u003cem\u003e61 entries\u003c\/em\u003e), and two Subject Indexes\u003c\/li\u003e\n\u003cli\u003eDivision Three lists all 40 Rules and Regulations three ways—serially, alphabetically, and chronologically split between Central Government and RBI issuances—so an instrument can be reached from a GSR\/S.O. number, a FEMA notification number, or its name\u003c\/li\u003e\n\u003cli\u003eThe Consolidated Subject Index is sub-entried and instrument-aware, so one concept resolves to every place it is defined, with all pinpoints on a single line\u003c\/li\u003e\n\u003cli\u003eEach volume reprints the complete Contents of both volumes, asterisked to show what sits in the companion volume, so either book alone locates anything in the set\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e[\u003cstrong\u003eEditorial Apparatus Built for Verification\u003c\/strong\u003e]\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eSuperseded instruments are named in an express footnote at the head of their replacement\u003c\/li\u003e\n\u003cli\u003eMaster Directions carry individual date stamps; circulars carry an incorporation or supersession status\u003c\/li\u003e\n\u003cli\u003eAmendments carry the amending instrument and its effective date, with the superseded text set out beneath\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe structure of the book is as follows:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eThe Organising Idea\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e'What does the law say?' | Volume 1 — Every instrument verbatim, with its amendment history\u003c\/li\u003e\n\u003cli\u003e'What do I do?' | Ready Reckoner — The law as propositions, arranged by transaction\u003c\/li\u003e\n\u003cli\u003e'Will it hold up?' | Case Laws Digest and circular register\u003c\/li\u003e\n\u003cli\u003eVolume 1 is the statute book; Volume 2 the working layer\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eSix Independent Ways In\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eSubject — 56 Ready Reckoner chapters, plus two Subject Indexes\u003c\/li\u003e\n\u003cli\u003eInstrument — All 40 Rules and Regulations, listed serially, alphabetically and chronologically\u003c\/li\u003e\n\u003cli\u003eNotification Number — Basic (92), Amending (54), chronological List (541)\u003c\/li\u003e\n\u003cli\u003eSection — The Case Laws Digest is arranged by the section construed\u003c\/li\u003e\n\u003cli\u003eCircular — The 1,613-entry register\u003c\/li\u003e\n\u003cli\u003eForm — 61 prescribed forms across FEMA, FCRA, PMLA and SAFEMA\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eThe Dimension Most Compilations Miss—Time\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e259 pre-amendment texts, reproduced beneath the footnote that replaced them\u003c\/li\u003e\n\u003cli\u003e684 amendment footnotes, each with its instrument and effective date\u003c\/li\u003e\n\u003cli\u003e950+ supersessions and 860+ absorptions into Master Directions or Circulars — what replaced what, and when\u003c\/li\u003e\n\u003cli\u003eFERA, 1973 digest retained—621 decisions back to 1963\u003c\/li\u003e\n\u003cli\u003eA database gives today's rule. This set gives what it was, when it changed, and what replaced it\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eTwo Worked Paths\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eCompliance — The permitted FDI limit and route: Ready Reckoner → Non-debt Instruments Rules → Consolidated FDI Policy → Press Notes 2017–26 → Master Direction on Foreign Investment → Master Direction on Reporting, with the form → case law\u003c\/li\u003e\n\u003cli\u003eDispute — Whether to compound a past contravention: Ready Reckoner → Sections 15 and 13 → Compounding Rules 2024, Form → Master Direction on Compounding → Amendment Footnotes for the Law as at the Transaction Date → Circular Register for Whether it Stood Then → The Appeal Route at Sections 17, 19 and 35\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e","brand":"Only Padhai","offers":[{"title":"Default Title","offer_id":45460914962455,"sku":null,"price":5106.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0803\/5054\/3895\/files\/ForeignExchangeManagementManualwithFEMAandFDIReadyReckoner_FEMACaseLawsDigest.png?v=1788171699"},{"product_id":"gst-how-to-meet-your-obligations","title":"GST How to Meet Your Obligations","description":"\u003cp\u003e\u003cem\u003e\u003cspan\u003eGST – How to Meet Your Obligations\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e is the flagship GST treatise—a two-volume work that, over successive editions, has become the standard reference relied upon by indirect-tax professionals, departmental officers, and the bench. The work approaches GST not as a static body of rules but as a continuously evolving body of law shaped by statute, rules, departmental clarifications, and the steady accretion of judicial interpretation—including a substantial body of pre-GST jurisprudence whose ratio continues to inform the present regime. Each chapter is built around the operative provision, reproduced verbatim, then examined clause by clause, with circulars and notifications reproduced at the point of doctrinal relevance and judicial rulings cited in extenso for their controlling principles. The result is a treatise that gives the reader both the doctrinal architecture and the working apparatus needed to discharge practical obligations—to file returns, advise on transactions, defend a notice, or argue a case—with confidence grounded in the source material.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThis book is intended for the following audience:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eChartered Accountants, Cost Accountants, and Company Secretaries\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003ehandling indirect-tax compliance, audit, certification, and litigation support\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eTax Counsel, Advocates, and Law Firms\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003erepresenting assessees through show-cause, adjudication, appellate, and writ proceedings\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eIn-House Tax, Finance, and Legal Teams\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eof corporates, banks, NBFCs, insurers, manufacturers, exporters, e-commerce operators, online gaming companies, and SEZ\/EOU\/MOOWR units\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eDepartmental Officers, Adjudicating Authorities, and Members of Appellate Forums\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eseeking a structured, source-tied treatment\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eAcademic Libraries, Faculty, and Senior Students\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eof indirect taxation, including those preparing for CA\/CS\/CMA Final, LL.M., and Diploma in GST examinations\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eConsultants\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eadvising on contested or fast-evolving positions—corporate guarantees, online money gaming, intermediary services, vouchers, M\u0026amp;A slump sales, related-party valuations, and cross-border services\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Present Publication is the 17\u003csup\u003eth\u003c\/sup\u003e Edition, amended by the Finance Act 2026. It is authored by S.S. Gupta, with the following noteworthy features:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e[\u003cstrong\u003eFinance Act 2026 Changes Worked Through Transactionally\u003c\/strong\u003e] The deletion of Section 13(8)(b) on intermediary services is treated with a transition-impact matrix distinguishing import RCM exposure, export-of-service implications, and the cut-off date of 30\u003csup\u003eth\u003c\/sup\u003e\u003cspan\u003e \u003c\/span\u003eMarch 2026; the amendment to Section 15(3)(b) on post-sale discounts is analysed alongside the withdrawn Circular 212\/6\/2024-GST and the new Invoice Management System (IMS) framework introduced by Circular 253\/10\/2025-GST; consequential amendments propagate through interconnected chapters\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eStatute-first, Source-tied Treatment\u003c\/strong\u003e] Each chapter opens by reproducing the operative section and the corresponding rule, then proceeds ingredient by ingredient—definitions, charging language, machinery, provisos—before any layer of analysis is introduced\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003ePre-GST Jurisprudence Integrated\u003c\/strong\u003e] Where Supreme Court, High Court, CEGAT, CESTAT, and AAR rulings under central excise, service tax, customs, and VAT continue to govern GST interpretation, the ratio is cited with the author's view on its applicability to the present regime\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eCBIC Circulars, Notifications, and FAQs Reproduced\u003c\/strong\u003e] Operative paragraphs are quoted verbatim and tabulated where the circular itself is structured as a Q\u0026amp;A, so the reader sees the administrative position alongside the legal one—including the most recent circulars (\u003cem\u003e240\/34\/2024, 242\/36\/2024, 251\/08\/2025, 253\/10\/2025\u003c\/em\u003e) and the latest 2024-2025 rulings\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eThree-level Paragraph Numbering\u003c\/strong\u003e] With over 1,400 numbered sub-paragraphs across the work and nesting to three levels, navigation is granular and cross-references are precise\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eIllustrations and Worked Computations\u003c\/strong\u003e] They are included at every junction where the mechanics turn on numbers—reverse charge, time and place of supply, value of supply under Rule 28(2) for corporate guarantees, ITC reversal under Rules 42\/43, refund formulae, e-commerce TCS net-value mechanics\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eAuthor's Analysis Sections at the Close of Contested Issues\u003c\/strong\u003e] Flagging departmental positions that the author views as legally unsustainable, identifying litigation risk, and indicating the alternative interpretive route open to the assessee\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eBidirectional Cross-references Between Chapters\u003c\/strong\u003e] They are included so that a question on the reverse charge on a corporate guarantee can be traced from the levy chapter through valuation, ITC eligibility, and the dedicated corporate-guarantee treatment without losing context\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eFull Statutory Appendices\u003c\/strong\u003e] CGST Act, IGST Act, UTGST Act, CGST Rules, and IGST Rules—with footnoted amendment history showing inserts and substitutions, including those introduced by the Finance Act 2026\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eDeep Para-level Subject Index\u003c\/strong\u003e] Entries are tied to numbered paragraphs rather than page numbers, allowing direct lookup to the operative discussion\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe coverage of the book is as follows:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eFoundations \u0026amp; Charging Architecture\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eThe constitutional foundations of the GST regime and its replacement of the multi-tax pre-GST architecture, including territorial jurisdiction, the appointed-day machinery, and the post-reorganisation treatment of Jammu \u0026amp; Kashmir\u003c\/li\u003e\n\u003cli\u003eThe taxable event of supply—its inclusive definition, deemed-supply scenarios under Schedule I and Schedule II, composite and mixed supplies, the treatment of joint ventures and slump sales, and the exclusions in Schedule III\u003c\/li\u003e\n\u003cli\u003eThe complete charging architecture—levy of CGST, SGST, IGST, UTGST, and Compensation Cess; the taxable-person concept; composition levy and its threshold mechanics; reverse charge on notified goods and services and on supplies from unregistered persons\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eClassification, Valuation \u0026amp; Refund Mechanics\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eClassification of goods and services, rate notifications, exemptions, non-taxable supplies, and the doctrine of revenue neutrality\u003c\/li\u003e\n\u003cli\u003ePlace of supply for domestic and cross-border transactions, time of supply and change in rate, and value of supply under the general and special valuation rules, including the deeming provision in Rule 28(2) for corporate guarantees and the post-Finance Act 2026 valuation position\u003c\/li\u003e\n\u003cli\u003eRefunds—zero-rated supplies, inverted duty structure, deemed exports, unutilised ITC, and excess balance in the electronic cash ledger\u003c\/li\u003e\n\u003cli\u003eDeduction of tax at source, collection of tax at source, and the interest levy under Section 50\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eInput Tax Credit\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eThe full input tax credit lifecycle—input, input service, capital goods, the blocked-credit list, time limits, common credit attribution between taxable and exempt supplies under Rules 42 and 43, the Input Service Distributor mechanism, matching and blacklisting of dealers, recovery, and the IMS-driven verification framework\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eCross-Border Transactions \u0026amp; Special Locations\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eExport and import of goods and services, export incentives, deemed exports, EOU and STP units, Special Economic Zones, the MOOWR scheme, sale by duty-free shops and bonded warehouse sales, and high-sea sales\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eSpecial Scenarios \u0026amp; Sector-Specific Treatment\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eTransactions between related parties and distinct persons, job work, principal-agent supplies, e-commerce operator obligations under Section 9(5) and Section 52, OIDAR, online gaming and online money gaming including the skill-versus-chance jurisprudence, corporate guarantees, sale of business including mergers and acquisitions, vouchers, discounts and incentives, intermediary services post-deletion of Section 13(8)(b), and actionable claims\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eTransitional Provisions, Compliances \u0026amp; Documentation\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eTransitional credits, the impact of GST on continuing contracts, anti-profiteering measures including the sunset position, and the repeal-and-saving regime of the erstwhile laws\u003c\/li\u003e\n\u003cli\u003eGST compliances—registration and administration, documentation including tax invoices, bills of supply, debit and credit notes, electronic way bills, procedures and records for input tax credit, payment of tax and interest, returns and reconciliations, special compliances for tobacco and other notified categories, unique identification marking, and the GST Practitioner Scheme\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eAdministration, Enforcement \u0026amp; Dispute Resolution\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eAdministration, assessments, audits and special audits, scrutiny of returns, demand and recovery, adjudication, inspection, search and seizure, provisional attachment, and residual administrative matters\u003c\/li\u003e\n\u003cli\u003ePenalties, confiscation, fines, arrest, and prosecution—together with the procedural safeguards built into each\u003c\/li\u003e\n\u003cli\u003eDispute resolution—first appeal, the GST Appellate Tribunal, appeals before the High Court and the Supreme Court, advance rulings, the Scheme of Waiver of Interest or Penalty, and the GST Amnesty Scheme with its pre-deposit and refund-restriction mechanics\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe work is organised into ten Divisions across two volumes and 89 chapters (\u003cem\u003eincluding the inserted Chapters 58A and 70A\u003c\/em\u003e), with the same internal architecture observed throughout.\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eVolume 1 — Chapters 1 to 43\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eDivision One — Basic Concepts\u003c\/li\u003e\n\u003cli\u003eDivision Two — Levy of GST – Key Aspects\u003c\/li\u003e\n\u003cli\u003eDivision Three — Input Tax Credit\u003c\/li\u003e\n\u003cli\u003eDivision Four (Part I) — Export and Import of Goods and Services\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eVolume 2 — Chapters 44 to 89 and Statutory Appendices\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eDivision Four (Part II): MOOWR Scheme\u003c\/li\u003e\n\u003cli\u003eDivision Five — Special Scenarios\u003c\/li\u003e\n\u003cli\u003eDivision Six — Transitional Provisions\u003c\/li\u003e\n\u003cli\u003eDivision Seven — GST Compliances\u003c\/li\u003e\n\u003cli\u003eDivision Eight — Administration, Assessments, Audits and Investigation\u003c\/li\u003e\n\u003cli\u003eDivision Nine — Penalties and Prosecution\u003c\/li\u003e\n\u003cli\u003eDivision Ten — Dispute Resolution\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003eEach chapter follows the same internal architecture:\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eThe operative statutory provision is reproduced and located within the broader legislative scheme\u003c\/li\u003e\n\u003cli\u003eEach ingredient of the section is unpacked at three levels of paragraph nesting, with defined terms cross-referenced to the chapter that treats them in detail\u003c\/li\u003e\n\u003cli\u003eJudicial pronouncements—pre-GST and GST, Supreme Court through Tribunal and AAR—are cited and the controlling principle distilled\u003c\/li\u003e\n\u003cli\u003eCBIC circulars, FAQs, and notifications are reproduced at the point of doctrinal relevance, with tabulated extracts where the circular itself is structured as a Q\u0026amp;A\u003c\/li\u003e\n\u003cli\u003eWorked illustrations and numerical examples are placed alongside the rule that governs them\u003c\/li\u003e\n\u003cli\u003eThe author's view is offered where the position is contested or evolving, including where in his judgment the departmental position is legally unsustainable\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e","brand":"Only Padhai","offers":[{"title":"Default Title","offer_id":45460931706903,"sku":null,"price":5596.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0803\/5054\/3895\/files\/GSTHowtoMeetYourObligations.png?v=1788172445"},{"product_id":"gst-manual-with-gst-law-guide-digest-of-landmark-rulings","title":"GST Manual with GST Law Guide \u0026 Digest of Landmark Rulings","description":"\u003cp\u003e\u003cem\u003e\u003cspan\u003eGST Manual\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e with GST Law Guide \u0026amp; Digest of Landmark Rulings is Taxmann's most comprehensive single-source reference on India's Goods and Services Tax—a two-volume set that assembles the entire statutory framework, the complete body of subordinate legislation, the prescribed forms, the departmental material and the leading judicial interpretation of GST into one rigorously cross-linked work.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eWhat sets this Manual apart from an ordinary bare act is its annotation method. The text of the law is never left to stand alone. Under each section of the CGST, IGST and UTGST Acts, the Editorial Board has built a layer of working annotations that tell the reader, at the point of reading, which Rules and Forms apply, which Notifications are relevant, when the provision (\u003cem\u003eand each amendment to it\u003c\/em\u003e) came into force, and which allied laws are referred to. In practice, this means a professional reading any section sees, on the same page, its amendment history and effective dates, the rules and forms it operates through, and the notifications that qualify it—without leaving the section to reconstruct that picture from separate sources.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThe set opens with a full conceptual GST Law Guide that explains the law topic by topic before the reader engages with the statutory text, and it closes—across the second volume—with the consolidated notifications, a digest of landmark Supreme Court and High Court rulings, the CBIC's FAQs, the circulars and clarifications, and the constitutional provisions that underpin GST. The result functions simultaneously as a study guide, a litigation and compliance desk reference, and a complete GST statutory library.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThis publication is intended for advanced professional and institutional users who require depth, accuracy, and defensibility in GST matters, including:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003ePractising Chartered Accountants, Company Secretaries, Cost Accountants and Tax Advocates\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eengaged in GST advisory, compliance and litigation\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eIndirect-Tax Consultants and GST Practitioners\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003ewho need the statute, rules, forms, notifications, circulars and case law in one integrated set\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eIn-House Tax, Finance and Legal Departments\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eof corporates managing registrations, returns, ITC, refunds, audits and assessments\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eDepartmental Officers, Adjudicating and Appellate Authorities\u003c\/em\u003e\u003c\/strong\u003e, and members and staff of the GST Appellate Tribunal\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eSenior Students and CA\/CS\/CMA Aspirants\u003c\/em\u003e\u003c\/strong\u003e, academicians and researchers who want an authoritative, annotated and current GST text\u003c\/li\u003e\n\u003cli\u003eAnyone who requires a dependable, amendment-tracked statutory reference rather than a stand-alone bare act\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Present Publication is the 27\u003csup\u003eth\u003c\/sup\u003e Edition, amended by the Finance Act 2026 and updated till 15\u003csup\u003eth\u003c\/sup\u003e May 2026. This book is edited by Taxmann's Editorial Board, with the following noteworthy features:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e[\u003cstrong\u003eSection-Wise Annotation Built into Footnotes\u003c\/strong\u003e] Each section of the CGST\/IGST\/UTGST Acts carries annotations identifying the relevant Rules and Forms, the relevant Notifications, the date of enforcement of the provision, and the allied laws referred to—turning every section into a self-contained working unit\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eFull Amendment Trail at the Provision Level\u003c\/strong\u003e] Substitutions, insertions and omissions are footnoted with the enabling Finance Act\/Amendment Act, the effective date (\u003cem\u003eincluding retrospective effect\u003c\/em\u003e), and the notification that actually enforced the change—so the reader can see not just the current law but how and when it got there\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eGST Forms with\u003cspan\u003e \u003c\/span\u003e\u003c\/strong\u003e\u003cstrong\u003e'Action Points\u003c\/strong\u003e\u003cstrong\u003e'\u003c\/strong\u003e] Forms are introduced with a boxed Action Points panel that states the purpose of the form, the governing rule, the responsible person, the timeline, and the required contents—bridging the prescribed form and its practical use\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eNotifications Presented with their Complete Amendment Chain\u003c\/strong\u003e] In Volume 2, each notification is reproduced with the full sequence of amending notifications and corrigenda, and is tied to the section of the Act it relates to\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eTwin Keys to the Case Digest\u003c\/strong\u003e] The Digest of Landmark Rulings is navigable through both a section-wise key and an alphabetical key to Supreme Court and High Court decisions\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eDetailed Subject Indexes and Arrangement of Sections\u003c\/strong\u003e] Each statute carries an Arrangement of Sections and a subject index; the rules carry a granular subject index that maps concepts to specific rules and forms\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eA Conceptual GST Law Guide\u003c\/strong\u003e] It is followed by the complete annotated statute, the full rule-book, the forms, and the departmental and judicial material—organised for both sequential study and quick lookup\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eCurrency and Editorial Reliability\u003c\/strong\u003e] Amended for the Finance Act 2026 and updated to 15\u003csup\u003eth\u003c\/sup\u003e\u003cspan\u003e \u003c\/span\u003eMay 2026, maintained to Taxmann's editorial standards\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Manual spans statutory law, procedural rules, departmental clarifications, and judicial interpretations:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eGST Law Guide\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eA conceptual guide of 28 chapters (\u003cem\u003epreceded by a list of GST acronyms\u003c\/em\u003e), covering: the taxable event in GST; value of taxable supply; input tax credit; place of supply (\u003cem\u003edomestic, and in the case of exports\/imports\u003c\/em\u003e); exports and imports; time of supply; reverse charge; exemptions by notification; concessions to small enterprises; important taxable services; government-related activities; basic procedures; tax invoices, credit and debit notes; the e-way bill; payment of tax in cash and through ITC; returns; assessment and audit; demands and recovery; refunds; powers of officers, offences and penalties; appeal and revision; prosecution and compounding; electronic commerce; miscellaneous issues; special provisions relating to tobacco products; and the constitutional background of GST\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eAnnotated GST Acts\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eThe complete annotated text of the CGST Act 2017, IGST Act 2017, UTGST Act 2017 and the GST (Compensation to States) Act 2017, each with an Arrangement of Sections and subject index\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eOrders, Validation \u0026amp; Allied-Law Provisions\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eThe associated Removal of Difficulties Orders (\u003cem\u003e2018–2020\u003c\/em\u003e), the Validation Provisions, and the text of allied-Act provisions referred to within the statutes\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eGST Rules\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eThe full body of GST Rules—CGST Rules, IGST Rules, GST Compensation Cess Rules, the Period of Levy and Collection of Cess Rules (2022), the UTGST Rules for the various Union Territories, the GST Appellate Tribunal Rules (appointment\/conditions of service 2023; procedure 2025), related tribunal-reform provisions, and the GST Settlement of Funds Rules (2026)\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eGST Forms with Action Points\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eGST Forms, each presented with Action Points\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eNotifications\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eThe consolidated set of Notifications issued under the CGST, IGST and UTGST Acts—including CGST\/IGST (Rate) Notifications and legacy Service Tax and Central Excise (N.T.) notifications—each with its amendment history\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eDigest of Landmark Rulings\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eA digest of rulings of the Supreme Court and High Courts, with section-wise and alphabetical keys\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eCBIC's FAQs\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eThe CBIC's FAQs, preceded by a list of FAQs\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eCirculars \u0026amp; Clarifications\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eCirculars and Clarifications issued by the department\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eConstitutional Provisions\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eThe provisions underpinning GST—the Constitution (One Hundred and First Amendment) Act 2016, the relevant provisions of the Constitution of India, and the dates of enforcement of the 101\u003csup\u003est\u003c\/sup\u003e\u003cspan\u003e \u003c\/span\u003eAmendment\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eConsolidated Lists\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eA consolidated List of Notifications and List of Circulars \u0026amp; Clarifications for the set\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe set is arranged into eleven Divisions across the two volumes, deliberately moving from explanation, to statute, to subordinate law and forms, to departmental and judicial material, to constitutional foundations:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eVolume 1\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\n\u003cem\u003eDivision One | GST Law Guide\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— A comprehensive 28-chapter conceptual guide to the entire GST law, opening with a list of GST acronyms\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eDivision Two | CGST Act 2017\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Arrangement of Sections and annotated text, the CGST Removal of Difficulties Orders (\u003cem\u003e2018–2020\u003c\/em\u003e), notifications enforcing the Act and its amendments, text of allied-Act provisions, validation provisions and subject index\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eDivision Three | IGST Act 2017\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Arrangement of Sections, annotated text, enforcing notifications, validation provisions and subject index\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eDivision Four | UTGST Act 2017\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Arrangement of Sections, annotated text, Removal of Difficulties Orders, enforcing notifications, validation provisions and subject index\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eDivision Five | GST (Compensation to States) Act 2017\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Arrangement of Sections, text, enforcing notifications and subject index\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eDivision Six | GST Rules and Forms\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— The CGST, IGST and Compensation Cess Rules, the Period of Levy and Collection of Cess Rules (2022), the UTGST Rules for the Union Territories, the GST Appellate Tribunal Rules and allied tribunal provisions, the GST Settlement of Funds Rules (2026), and the GST Forms with Action Points, supported by a detailed subject index\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eVolume 2\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\n\u003cem\u003eDivision Seven | Notifications\u003cspan\u003e \u003c\/span\u003e\u003c\/em\u003e— CGST, IGST and UTGST notifications (including Rate notifications and legacy Service Tax\/Central Excise (N.T.) notifications), each with its amendment chain\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eDivision Eight | Case Laws Digest\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— A digest of landmark Supreme Court and High Court rulings, with a Section Key and an Alphabetical Key\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eDivision Nine | CBIC's FAQs\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— The department's FAQs, with a list of FAQs\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eDivision Ten | Circulars and Clarifications\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Consolidated circulars and clarifications\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eDivision Eleven | Constitutional Provisions\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— The Constitution (101\u003csup\u003est\u003c\/sup\u003e\u003cspan\u003e \u003c\/span\u003eAmendment) Act 2016, relevant constitutional provisions, and their dates of enforcement\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003eEach volume carries its own contents and indices; Volume 2 additionally consolidates the List of Notifications and the List of Circulars \u0026amp; Clarifications for the whole set, while Volume 1 holds the full GST Law Guide and the complete statutory and rule material that Volume 2 cross-references\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"Only Padhai","offers":[{"title":"Default Title","offer_id":45460933345303,"sku":null,"price":3426.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0803\/5054\/3895\/files\/GSTManualwithGSTLawGuide_DigestofLandmarkRulings.png?v=1788172895"},{"product_id":"gst-tariff","title":"GST Tariff","description":"\u003cp\u003e\u003cem\u003e\u003cspan\u003eGST Tariff\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e is a two-volume ready-reckoner that answers a single practical question for any supply in India—what is the rate of tax—and answers it in one lookup. For goods, it reproduces the entire rate schedule arranged by HSN, so a reader moves from the broad product family down to the precise eight-digit Tariff Item and reads the CGST, SGST\/UTGST and IGST rates off one row. For services, it maps the notified rates against each Service Heading and carries the full Scheme of Classification down to the six-digit Service Code, with Explanatory Notes describing exactly what each code covers.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eWhat distinguishes the work is that it is built to be used at the point of decision rather than as a bare rate list. Every chapter and service heading is supplemented in place with the relevant exemption notifications, \u003c\/span\u003e\u003cspan\u003e'\u003c\/span\u003e\u003cspan\u003epre-packaged and labelled\u003c\/span\u003e\u003cspan\u003e'\u003c\/span\u003e\u003cspan\u003e flags, E-Way Bill exemption indicators, Latest Clarifications and Latest Case Laws, and the Section, Chapter and Supplementary Notes that govern classification—so the rate, the exemption that may apply, and the interpretation that decides borderline cases all sit together. Where goods attract a levy beyond GST, the entry cross-refers to the allied-Act rates compiled in the same set, and the complete body of rate-and-exemption notifications is reproduced in full with its conditions.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eTwo exhaustive indices—a Commodity Index and a Services Index—let a reader reach the right entry by name. Volume 1 holds the goods tariff, the allied-Act duties and the commodity index; Volume 2 holds the services tariff, the explanatory notes, the services index and the consolidated notifications. The present Edition states the law as currently in force, with the rate schedules and notifications updated to reflect the latest position.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThis publication is specifically intended for users who must apply GST tariffs accurately in live transactions and compliance environments, including:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eChartered Accountants, Cost Accountants, Company Secretaries and Tax Advisors\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eframing rate and classification opinions\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eGST Litigators and Practitioners\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003ehandling classification disputes, advance rulings and departmental adjudication\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eManufacturers, Traders, Importers and E-Commerce Operators\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003edetermining output rates, HSN\/SAC, reverse-charge liability and invoicing\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eManufacturers of Capacity-Based-Levy Goods\u003cspan\u003e \u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003ecomputing duty under the new cess machinery\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eIndirect-Tax, Finance and Supply-Chain Teams\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eresponsible for compliance, pricing and ERP master-data setup\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eDepartmental Officers, Tribunals and the Bench\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eneeding a single consolidated rate reference\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eInstitutions and Students of GST\u003c\/em\u003e\u003c\/strong\u003e, customs and indirect-tax law\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Present Publication is the 26\u003csup\u003eth\u003c\/sup\u003e Edition, amended by the Finance Act 2026 and updated till 20\u003csup\u003eth\u003c\/sup\u003e May 2026. This book is edited by Taxmann's Editorial Board, with the following noteworthy features:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e[\u003cstrong\u003eSingle-glance Rate Determination\u003c\/strong\u003e] Every tariff line shows the Unit alongside the CGST, SGST\/UTGST and IGST rates in adjacent columns, so the rate for both intra-State and inter-State supply is read off one row\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eAligned to GST 2.0\u003c\/strong\u003e] Reconciled to the rate rationalisation, with rate entries tied back to the September 2025 rate-and-exemption notifications\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003ePre-packaged and Labelled Flagging\u003c\/strong\u003e] 'Pre-packaged and labelled' treatment is marked at the tariff-line level, separating the rate on packaged-and-labelled commodities from the same goods supplied loose, with the governing Legal Metrology definition and FAQs reproduced\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eAllied-Act Cross-references\u003c\/strong\u003e] Goods chapters that attract levies beyond GST carry an express cross-reference to the allied-Act rates in Division Two, so the GST rate and any residual excise or cess are not read in isolation\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eRate, Exemption and Interpretation Together\u003c\/strong\u003e] Each chapter and service heading is supplemented in place with the applicable exemption notifications, E-Way Bill exemption flags, Latest Clarifications and Latest Case Laws\/Departmental Clarifications\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eTwo-way Services Mapping\u003c\/strong\u003e] Notified rates are given against each Service Heading, and the full Scheme of Classification is carried down to the six-digit Service Code, with Explanatory Notes describing the scope of each code and relevant CBIC circulars folded in\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eFull Statutory Apparatus\u003c\/strong\u003e] Reproduced, not merely cited: Section Notes, Chapter Notes, Supplementary Notes, the General Rules for the Interpretation of the Schedule, and full notification texts with their conditions\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eName-based Search\u003c\/strong\u003e] Exhaustive Commodity Index and Services Index, plus a complete List of Notifications\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe detailed coverage of the book is as follows:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eGoods Rate Schedule\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eThe complete GST rate schedule for goods, organised by HSN across the full range of Customs Tariff Chapters, from live animals through to works of art, antiques and project imports\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eRate Slabs\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eThe principal slabs of Nil, 5% and 18%, a 40% rate on specified demerit goods such as tobacco and cigarettes, and the special rates of 0.25%, 1.5% and 3% retained for rough and worked diamonds, gemstones and bullion\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eAllied-Act Duties\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eThe duties that continue to apply alongside GST, reproduced with their statutory text: the Central Excise Third and Fourth Schedules, National Calamity Contingent Duty, Additional Duty on Tobacco, Special Additional Excise Duty on motor spirit and high-speed diesel, Road \u0026amp; Infrastructure Cess, Agriculture Infrastructure and Development Cess, and Rule 18 of the Central Excise Rules 2017\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eHealth Security se National Security Cess\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eThe Act of 2025 and Rules of 2026, including the capacity-based machinery under which the cess is fixed by machine speed and pouch weight in rupees per machine per month, with returns, abatement, appeals and the prescribed forms—together with its FAQs\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003ePacking-machine Rules\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eThe Chewing Tobacco, Jarda Scented Tobacco and Gutkha Packing Machines (Capacity Determination and Collection of Duty) Rules 2026\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eServices Rate Schedule\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eThe complete GST rate schedule for services—CGST\/SGST and IGST—against every Service Heading, with the residual standard rate and the classification of services\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eClassification of Services\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eThe full Scheme of Classification of Services and its Explanatory Notes, describing what each Service Code covers\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eReverse Charge and Special Supplies\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eReverse charge for intra-State and inter-State supplies of services, supplies through electronic commerce operators, supplies received from unregistered suppliers, restrictions on refund of unutilised input tax credit, and notified rates on specified first intra-State supplies\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eConsolidated Notifications\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eThe full body of Rate of Tax and Exemption Notifications for goods and for services, reproduced with their amendment history and conditions, and a complete List of Notifications running to the latest 2026 instruments\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe work runs across two volumes and six divisions:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eVolume 1\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\n\u003cem\u003eDivision One — GST Tariff for Goods with HSN Code\u003c\/em\u003e, closing with the General Rules for the Interpretation of the Schedule\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eDivision Two — Rates specified in other Acts\u003c\/em\u003e, including the Health Security se National Security Cess Act, 2025, its Rules, 2026, and the related packing-machine rules\u003c\/li\u003e\n\u003cli\u003e\u003cem\u003eDivision Three — Commodity Index\u003c\/em\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eVolume 2\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\n\u003cem\u003eDivision Four — GST Tariff for Services (CGST\/SGST and IGST)\u003c\/em\u003e, the classification and Explanatory Notes, reverse-charge and ECO provisions, ITC-refund restrictions, Latest Clarifications and Latest Case Laws\u003c\/li\u003e\n\u003cli\u003e\u003cem\u003eDivision Five — Services Index\u003c\/em\u003e\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eDivision Six — GST Tariff Notifications (Rate of Tax and Exemptions)\u003c\/em\u003e, with the List of Notifications\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cspan\u003eWithin the goods tariff, entries follow the Customs Tariff architecture—Section, Chapter, Heading, sub-heading and eight-digit Tariff Item—so a reader moves from the broad product family to the precise line. The services tariff mirrors this, moving from Section and Heading to the six-digit Service Code, with each heading first stating the notified concessional and exempt entries and then the residual classification taxed at the standard rate\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"Only Padhai","offers":[{"title":"Default Title","offer_id":45460934328343,"sku":null,"price":3426.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0803\/5054\/3895\/files\/GSTTariff.png?v=1788173428"},{"product_id":"income-tax-rules-1962","title":"Income Tax Rules 1962","description":"\u003cp\u003e\u003cem\u003e\u003cspan\u003eIncome-Tax Rules 1962\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e is the definitive, annotated compendium of subordinate legislation governing the procedural, computational, and compliance framework under the Income-tax Act 1961. Now in its 64\u003csup\u003eth\u003c\/sup\u003e Edition, this publication continues a legacy of over six decades, offering the most current and editorially enriched text of the Income-tax Rules, including all amendments notified up to the IT (Amendment) Rules 2026.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThis is not merely a reproduction of the text—it is a practitioner's essential tool. Each rule is annotated with pertinent judicial rulings from the Supreme Court, High Courts, and the Income Tax Appellate Tribunal (ITAT), together with clarificatory Circulars, Notifications, and Instructions issued by the CBDT—all placed at the exact sub-rule, clause, or proviso where they are contextually relevant. The result is a comprehensive reference where statute, judicial interpretation, and administrative clarification coexist, eliminating the need to consult separate statute books, case law sources, and circular compilations. To assist in identifying recent legislative updates, all rules amended between 2024 and 2026 are printed in italics, enabling practitioners to quickly identify changes. The volume also includes detailed action points linked to prescribed forms—closing the gap between statutory text and practical compliance—and collects the text of related law provisions cited in the Rules, removing the need to consult external statute books for cross-referenced enactments.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThis book is designed as an indispensable working reference for the following categories of professionals and stakeholders:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eTax Practitioners and Consultants\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— Chartered Accountants, Company Secretaries, Cost Accountants, Tax Advocates and independent tax consultants who advise clients on income-tax compliance, assessment proceedings, appellate representation and tax planning. The annotated rule text, integrated case law and CBDT Circulars serve as a single-source reference during return preparation, audit report certification (\u003cem\u003eForms 3CA\/3CB\/3CD\u003c\/em\u003e), transfer pricing documentation and representation before tax authorities\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eAdvocates Practising Before Income-Tax Authorities and Appellate Forums\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— Practitioners appearing before the Assessing Officer, Commissioner (Appeals), Joint Commissioner (Appeals), Income Tax Appellate Tribunal (ITAT), Dispute Resolution Panel (DRP) and the Board for Advance Rulings will find the annotated text indispensable for procedural compliance, form identification, limitation tracking and citation of rule-level judicial precedent\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eCorporate Tax and Finance Teams\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— CFOs, Tax Heads, in-house tax managers and compliance officers in corporations, banks, NBFCs, insurance companies and multinational enterprises who handle TDS\/TCS compliance, advance tax computation, transfer pricing documentation (Rules 10D\/10DA\/10DB), Country-by-Country Reporting (Rule 10DB), safe harbour applications (Rules 10TA–10TIC) and MAT\/AMT computations. The detailed action points appended to prescribed e-Forms are especially relevant for corporate compliance teams managing high-volume filings\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eIncome-tax Officers and Departmental Officers\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— Assessing Officers, Transfer Pricing Officers, CIT(A), JCIT(A), Range Heads and officers working in the Investigation Wing, International Taxation Wing, Faceless Assessment Centres and the Dispute Resolution Committee who require rule-level precision in issuing notices, framing assessments, computing demand and processing refunds\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eAcademic Researchers and Students\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— Faculty members and doctoral researchers in direct taxation, as well as students preparing for professional examinations—CA (Intermediate and Final), CS (Executive and Professional), CMA, LL.B. and LL.M.—where an intimate understanding of the procedural and computational framework under the Rules is tested alongside the Act\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eNon-Resident Assessees and their Advisors\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— NRIs, foreign companies and their Indian tax advisors dealing with withholding obligations (Part VI), certificate procedures under sections 195\/197 (Rules 28–29B), DTAA relief procedures (Rule 21AB), FATCA\/CRS reporting (Rules 114F–114H) and the Mutual Agreement Procedure (Rules 44G–44GA)\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Present Publication is the 64\u003csup\u003eth \u003c\/sup\u003eEdition | 2026, incorporating all amendments upto IT (Amendment) Rules 2026. This book is edited by Taxmann's Editorial Board, with the following noteworthy features:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e[\u003cstrong\u003eAnnotated Rule Text with Integrated Case Law\u003c\/strong\u003e] Every rule in the compendium is annotated with editorially curated judicial pronouncements from the Supreme Court, High Courts and the ITAT. These annotations are not placed in a separate appendix—they are incorporated into the footnotes at the precise sub-rule, clause or proviso where they are most relevant. The practitioner does not need to consult case law databases separately; the rule, its interpretation and the supporting precedent all sit within the same reading frame\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eCBDT Circulars, Notifications and Administrative Instructions\u003c\/strong\u003e] The book integrates, for each relevant rule, the complete repository of CBDT Circulars, Notifications and Administrative Instructions that clarify, expand or operationalise the rule provisions. The practitioner thus has the full regulatory context—statute, rule, judicial interpretation and administrative clarification—consolidated in a single location\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eVisual Identification of Recent Amendments\u003c\/strong\u003e] All rules substituted, inserted or amended by Amending Rules notified during 2024 to 2026 are printed in italics—a critical navigational aid for practitioners who need to identify changes relevant to the current and immediately preceding assessment years. The footnotes further identify the specific Amending Rules notification with the exact effective date for each amendment\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eDetailed Action Points Appended to Prescribed Forms\u003c\/strong\u003e] Each prescribed form is accompanied by detailed action points covering:\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eWho is required to file the form\u003c\/li\u003e\n\u003cli\u003eThe due date or prescribed timeline for filing\u003c\/li\u003e\n\u003cli\u003eThe mode of filing—electronic or physical, and the applicable portal or authority\u003c\/li\u003e\n\u003cli\u003eCross-references to the enabling rule and section under the Act\u003c\/li\u003e\n\u003cli\u003ePractical notes on common filing issues and transitional provisions\u003c\/li\u003e\n\u003cli\u003eWhere a form is prescribed as an e-Form, the annotation identifies it as such, helping practitioners distinguish between forms requiring electronic filing and those permitting physical submission\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e[\u003cstrong\u003eComprehensive Depreciation Rate Tables Across Assessment Years\u003c\/strong\u003e] Multiple depreciation rate tables are provided under Appendix I and Appendix IA:\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\n\u003cem\u003eNew Appendix I\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Rates effective from Assessment Year 2006-07 onwards (the current operative table for most assessees)\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eOld Appendix I (AY 2003-04 to 2005-06)\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— For assessees with pending assessments, rectification proceedings or litigation relating to these years\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eOld Appendix I (AY 1988-89 to 2002-03)\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— For legacy disputes, reference proceedings and historical computation needs\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eOld Appendix I Part I (AY 1984-85 to 1987-88)\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Including the table of expectation of life for second-hand steamers\/motor vessels (Part II)\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eAppendix IA\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Supplementary depreciation table\u003c\/li\u003e\n\u003cli\u003eThis multi-era coverage is a practical necessity: depreciation disputes routinely surface in assessments relating to prior years, and the applicable rate table is determined by the assessment year in question, not the year of adjudication\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e[\u003cstrong\u003eAllied Law Provisions Compiled and Appended\u003c\/strong\u003e] The Income-tax Rules frequently cross-reference provisions from allied enactments—the Companies Act, the Reserve Bank of India Act, the Central Goods and Services Tax Act, the Indian Penal Code, the Securities and Exchange Board of India Act, the University Grants Commission Act, among others. The book compiles a complete list of all such cross-referenced provisions and appends the actual text, eliminating the need for practitioners to maintain and consult separate statute books\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eComplete Amendment History in Footnotes\u003c\/strong\u003e] Every substitution, insertion, omission or amendment to the Rules since 1962 is tracked and documented in the footnotes, identifying the specific Amending Rules notification with the exact date of effect. This is invaluable for:\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eDetermining the applicable version of a rule for a given assessment year\u003c\/li\u003e\n\u003cli\u003eIdentifying the effective date of an amendment for limitation purposes\u003c\/li\u003e\n\u003cli\u003eTracing the evolution of a rule provision in the context of pending or legacy litigation\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e[\u003cstrong\u003eComprehensive Subject Index\u003c\/strong\u003e] A detailed subject index at the end of the book enables keyword-based navigation across all rules, forms, appendices, allied rules\/schemes and allied law provisions—an essential rapid-access tool during hearings, advisory engagements and filing deadlines\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eDesigned to Work Alongside Taxmann's Income-tax Act\u003c\/strong\u003e] While this book is a self-contained reference for the Rules, it is editorially designed to complement Taxmann's annotated edition of the Income-tax Act. The section references within each rule are keyed to the Act's section numbering—the rule annotations reference the Act's sections, and the Act annotations reference back to the relevant rules—enabling seamless cross-referencing for practitioners using both publications\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eEditorial Standards and Accuracy\u003c\/strong\u003e] The text of the Rules is derived from official Gazette notifications. Every amendment is traced to its source notification with the precise date of effect. Taxmann's Editorial Board cross-verifies the text against original government publications, and any ambiguities or apparent errors in the official text are flagged through editorial notes\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe detailed coverage of this book includes the following:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eComplete Annotated Text of the Income-tax Rules 1962\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e(Rules 1 to 134), incorporating all amendments notified up to the IT (Amendment) Rules 2026, with rule-level annotations comprising landmark judicial pronouncements, CBDT Circulars and Notifications, and editorial notes\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003ePrescribed Forms under Appendix II\u003c\/em\u003e\u003c\/strong\u003e, covering ITR Forms (ITR-A, ITR-U), Audit Report Forms (3CA, 3CB, 3CD, 3CEB, etc.), TDS\/TCS Certificates and Statements (Forms 16, 16A, 24Q, 26Q, 26AS, 27EQ, etc.), PAN and TAN Application Forms (49A, 49AA, 49B), and scores of other statutory forms—each accompanied by detailed action points\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eDepreciation Rate Tables\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— New Appendix I (AY 2006-07 onwards), Old Appendix I tables (covering AY 1984-85 to 2005-06) and Appendix IA\u003c\/li\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eAll-India Gradation List (Appendix III)\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eForms\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003ePrescribed under Rule 11UF (Appendix IV)\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eCompiled Text of Provisions of Allied Laws\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003ereferred to in the Income-tax Rules\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eOther Rules and Schemes\u003c\/em\u003e\u003c\/strong\u003e, including Income-tax (Certificate Proceedings) Rules 1962; Bank Term Deposit Scheme 2006; Senior Citizens' Savings Scheme 2019; National Savings Certificates (VIII Issue) Scheme 2019; Income-tax (Appellate Tribunal) Rules 1963; and the e-Dispute Resolution Scheme 2022\u003c\/li\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eComprehensive Subject Index\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"Only Padhai","offers":[{"title":"Default Title","offer_id":45460934819863,"sku":null,"price":1956.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0803\/5054\/3895\/files\/Income-TaxRules1962.png?v=1788173745"},{"product_id":"r-k-jains-customs-law-manual-2026-27","title":"R.K. Jain's Customs Law Manual | 2026-27","description":"\u003cp\u003e\u003cem\u003e\u003cspan\u003eR.K. Jain's Customs Law Manual\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e is the definitive consolidated reference on Indian customs law, assembling the complete statutory, subordinate, allied, and procedural framework governing import, export, and cross-border trade into a single, internally cross-referenced two-volume set. In continuous publication since 1986, it is the standard desk authority for the customs bar, the trade, and the Department alike.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eTwo features set this Edition apart. First, it opens with a substantial authored treatise—the Overview of Customs Law \u0026amp; FTP—which explains the entire scheme of the law in narrative form before the black-letter text begins, and expressly cross-references the CBIC Customs Manual in Part 7. Second, the new CBIC's Customs Manual 2025—the Department's own consolidated procedural compendium—is reproduced in full alongside its latest instructions, circulars, and public notices. The Manual therefore moves the reader from the policy rationale, to the statutory provision, to the operative notification and prescribed form, and finally to the Department's working procedure, without leaving the set.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThis Manual is intended for stakeholders who require statutory certainty, procedure accuracy, and defensible interpretation in Customs matters, including:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eCustoms and Indirect-Tax Practitioners, Advocates, and Counsel\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eappearing before adjudicating authorities, the Commissioner (Appeals), CESTAT, the High Courts, and the Supreme Court\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eChartered Accountants, Cost Accountants, and Company Secretaries\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eadvising on duty, valuation, classification, drawback, and trade compliance\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eCustoms Brokers and Licensed Clearing Agents\u003c\/em\u003e\u003c\/strong\u003e, and their qualified employees\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eImporters, Exporters, EOUs, SEZ Units and Developers\u003c\/em\u003e\u003c\/strong\u003e, and trade-compliance, valuation, and logistics teams\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eOfficers of the Customs Department, DRI, and the Allied Adjudication\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eand enforcement wings\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eIn-House Legal, Tax, and Supply-Chain Functions\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eof manufacturing, trading, and multinational enterprises\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eAcademicians and Candidates Preparing for Professional and Departmental Examinations\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003ein customs and international trade law\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Present Publication is the 76\u003csup\u003eth\u003c\/sup\u003e Edition | 2026-27, amended by the Finance Act 2026 and updated till 15\u003csup\u003eth\u003c\/sup\u003e May 2026. This book is edited by Centax's Editorial Board with the following noteworthy features:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e[\u003cstrong\u003eAuthored Overview\u003c\/strong\u003e] A standalone editorial treatise on the whole of customs law and the Foreign Trade Policy 2023 opens the work, integrating statutory provisions with departmental circulars and FTP 2023 paragraph citations, so the framework can be understood as a system before individual provisions are consulted\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eStatute Paired with Departmental Procedure\u003c\/strong\u003e] The new CBIC's Customs Manual 2025 is reproduced in full and read together with the latest supplementary instructions, circulars, and public notices, placing each substantive provision beside its administrative application\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eAnnotated Bare Act\u003c\/strong\u003e] The Customs Act 1962 is presented section by section, chapter-wise, with superscript footnotes carrying amendment history and source notes, allowing the current text and its legislative evolution to be read together\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eCurrent to the Latest Reforms\u003c\/strong\u003e] Fully updated for the Finance Act 2026 and developments up to 15\u003csup\u003eth\u003c\/sup\u003e\u003cspan\u003e \u003c\/span\u003eMay 2026 and carrying the Finance Act 2025 changes such as the abolition of the Settlement Commission (\u003cem\u003ew.e.f. 1-4-2025\u003c\/em\u003e) and the electronic refund procedure\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eSingle Integrated Reference\u003c\/strong\u003e] Acts, rules, regulations, notifications, forms, bonds, allied laws, departmental procedure, and SEZ law are consolidated into one continuously maintained set, removing the need to consult disconnected sources\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eBuilt-In Finding Aids\u003c\/strong\u003e] A detailed acronyms table, section-wise and rule-wise contents, a chapter-wise procedural index, and a chronological notification locator (\u003cem\u003eseparately for the Ministry of Finance and the Customs Commissionerates\u003c\/em\u003e) support rapid navigation and audit\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eContinuity of Authority\u003c\/strong\u003e] The 76\u003csup\u003eth\u003c\/sup\u003e\u003cspan\u003e \u003c\/span\u003eEdition of a title in print since 1986, maintaining the editorial reliability and cross-referencing discipline on which the customs community has long relied\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe volume-wise coverage of the book is as follows:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eEditorial Overview and Trade Context\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eA narrative treatise covering: levy and exemption of duty; customs valuation of imports and exports; assessment, self-assessment, Risk Management System (RMS), Post-Clearance Audit (PCA), and provisional assessment; import, export, baggage, courier, and postal procedures; warehousing and manufacture-in-bond; exemptions, Project Imports, and Preferential\/Free Trade Agreements; remission, re-import, and re-export; departmental adjudication; demands and recovery; refunds (\u003cem\u003eincluding the electronic refund procedure effective 1-4-2025\u003c\/em\u003e); enforcement powers (\u003cem\u003esummons, arrest, search, seizure\u003c\/em\u003e); offences, punishments, and compounding; appeals and revision up to the Supreme Court; and an Overview of the Foreign Trade Policy 2023 (\u003cem\u003eDGFT administration, deemed exports, quality complaints and trade disputes\u003c\/em\u003e)\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eCore Statutory and Subordinate Law\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eThe complete Customs Act 1962, section by section, as amended, with amendment-history footnotes\u003c\/li\u003e\n\u003cli\u003eThe full body of Customs Rules and Regulations—valuation, warehousing, drawback, baggage, courier, manufacture-in-bond, sea\/air cargo manifest, customs broker licensing, and related rules\u003c\/li\u003e\n\u003cli\u003eAppeal, Revision and Appellate Tribunal's Rules, Notifications and Orders\u003c\/li\u003e\n\u003cli\u003eThe complete set of Notifications issued under the Customs Act 1962\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eForms, Bonds, and Operational Instruments\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eThe prescribed library of Customs Forms \u0026amp; Bonds (\u003cem\u003enumbered to Form 195\u003c\/em\u003e), spanning Bills of Entry, Shipping Bills and Bills of Export, transhipment and transit instruments, courier bills, drawback statements, electronic cash and duty-payment ledgers, registration and authorised-importer applications, and baggage and currency declarations\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eAllied Legislation\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eForeign Trade (Development and Regulation) Act 1992, with the Foreign Trade (Regulation) Rules 1993, the Exemption Order 1993, and FTDR notifications\u003c\/li\u003e\n\u003cli\u003eProvisional Collection of Taxes Act 2023\u003c\/li\u003e\n\u003cli\u003eTea Act 1953; Coffee Act 1942; Live-stock Importation Act 1898; and Post Office Act 2023 (\u003cem\u003erelevant extracts\u003c\/em\u003e)\u003c\/li\u003e\n\u003cli\u003eConservation of Foreign Exchange and Prevention of Smuggling Activities Act 1974 (COFEPOSA)\u003c\/li\u003e\n\u003cli\u003eForeign Exchange Management Act 1999, with the FEM (Export of Goods and Services) Regulations 2026 and the FEM (Current Account Transactions) Rules 2000\u003c\/li\u003e\n\u003cli\u003eSafeguard Measures (Quantitative Restrictions) Rules 2012\u003c\/li\u003e\n\u003cli\u003eCustoms Tariff Act 1975, and Validating Provisions relating to the Customs Act 1962\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eDepartmental Procedure — CBIC's Customs Manual 2025\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eOverview of Customs Functions; arrival of conveyances; clearance of imported and export goods; Faceless Assessment; classification of goods; classification\/assessment of Project Imports, baggage, and postal imports; customs valuation; provisional assessment; import\/export restrictions and prohibitions; warehousing; transhipment and consolidation of cargo; merchant overtime fee; less-charge demand; refunds under the Customs and IGST Acts; detention, release, and storage of goods; import\/export through courier and post; import of samples; re-importation and re-exportation; disposal of unclaimed\/uncleared cargo; Intellectual Property Rights; Duty Drawback; Export Promotion Schemes; Special Economic Zones; Export Oriented Units; international passenger facilitation; ICDs\/CFSs\/AFSs; Customs Cargo Service Providers; Customs Brokers; offences and penal provisions; appeal, review, and settlement of cases; grievance redressal; audit; the Authorised Economic Operator (AEO) Programme; and customs functions related to preferential trade agreements—together with the Master Supplementary Instructions, circulars, and public notices\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eSpecial Economic Zones\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eSpecial Economic Zones Act 2005; SEZ Rules 2006; SEZ Authority Rules 2009; and the prescribed SEZ Forms\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eNotification Finder\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eChronological lists of all customs notifications issued by the Ministry of Finance and by the Customs Commissionerates\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe work is organised into nine Parts across two volumes, progressing from the editorial overview through primary statute, subordinate law, forms, allied legislation, departmental procedure, and SEZ law, and closing with a chronological notification locator.\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eVolume 1 — Acts, Rules, Regulations, Notifications \u0026amp; Overview of Customs Law \u0026amp; FTP\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eA table of acronyms and the Overview of Customs Law \u0026amp; FTP treatise\u003c\/li\u003e\n\u003cli\u003ePart 1 — Customs Act 1962\u003c\/li\u003e\n\u003cli\u003ePart 2 — Customs Rules and Regulations\u003c\/li\u003e\n\u003cli\u003ePart 3 — Appeal, Revision and Appellate Tribunal's Rules, Notifications and Orders\u003c\/li\u003e\n\u003cli\u003ePart 4 — Notifications issued under the Customs Act 1962\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eVolume 2 — Forms, Allied Laws, SEZ, Circulars, Public Notices \u0026amp; Clarifications\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003ePart 5 — Customs Forms \u0026amp; Bonds\u003c\/li\u003e\n\u003cli\u003ePart 6 — Allied Acts, Rules and Regulations\u003c\/li\u003e\n\u003cli\u003ePart 7 — CBIC's Customs Manual with Latest Instructions\/Circulars\u003c\/li\u003e\n\u003cli\u003ePart 8 — Special Economic Zones\u003c\/li\u003e\n\u003cli\u003ePart 9 — Chronological List of Notifications issued under the Customs Act 1962, by the Finance Ministry and Customs Commissionerate\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003eThis architecture allows any provision to be traced end-to-end: from the explanatory overview, to the section in Part 1, to the governing rule in Part 2, to the operative notification in Parts 4 and 9, to the prescribed form in Part 5, and to the working procedure in the CBIC Manual in Part 7\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"Only Padhai","offers":[{"title":"Default Title","offer_id":45460990787607,"sku":null,"price":3146.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0803\/5054\/3895\/files\/R.K.Jain_sCustomsLawManual.png?v=1788177483"},{"product_id":"r-k-jains-customs-tariff-of-india-2026-27","title":"R.K. Jain's Customs Tariff of India | 2026-27","description":"\u003cp\u003e\u003cem\u003e\u003cspan\u003eR.K. Jain's Customs Tariff of India \u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003eis the authoritative, single-source compilation of the law, rates and exemptions governing the import and export of goods into and out of India. Across two volumes, it brings together the complete Customs Tariff Act 1975, the full Import Tariff (First Schedule) and Export Tariff (Second Schedule), the IGST levy on imports, and every parallel impost that attaches at the border—cesses, surcharges, additional and special duties, and the trade-remedy duties (\u003cem\u003eanti-dumping, countervailing and safeguard\u003c\/em\u003e). The defining strength of the work is integration: against each tariff heading, the reader finds not only the statutory rate but the effective rate after exemptions, the applicable trade-remedy duties, and the relevant departmental clarifications and case law, so that landed-cost and duty-liability questions can be settled within a single Chapter. This Edition incorporates the newly enacted Health Security se National Security Cess (HSNS Cess) regime and the recast Baggage Rules 2026. In continuous publication since 1979, it remains the standard working tariff of the Indian customs and trade-tax community.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThis publication is indispensable for stakeholders who require classification certainty, effective-rate accuracy, exemption defensibility, and audit- or litigation-grade traceability, including:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eCustoms And Indirect-Tax Practitioners, Advocates and Chartered Accountants\u003cspan\u003e \u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003eadvising on classification, valuation, exemption eligibility and duty computation\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eImporters, Exporters, Customs Brokers (CHAs) and EXIM\/Foreign-Trade Functions\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003edetermining landed cost, effective duty and FTA preference\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eCustoms and CBIC Field Officers\u003c\/em\u003e\u003c\/strong\u003e—appraising, assessment, audit, SVB and origin-verification groups\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eCorporate Indirect-Tax, Supply-Chain, Sourcing and Treasury Teams\u003cspan\u003e \u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003emanaging tariff and trade-remedy exposure\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eIn-House Counsel and Compliance Teams\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003ehandling anti-dumping, countervailing and safeguard proceedings and refunds\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eAcademic Institutions, Law and Commerce Libraries\u003c\/em\u003e\u003c\/strong\u003e, and candidates in indirect-tax and international-trade examinations\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Present Publication is the 85\u003csup\u003eth\u003c\/sup\u003e Edition | 2026-27, amended by Finance Act 2026 and updated till 15\u003csup\u003eth\u003c\/sup\u003e May 2026. This book is edited by \u003c\/span\u003e\u003cspan\u003eCentax's Editorial Board \u003c\/span\u003e\u003cspan\u003ewith the following noteworthy features:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e[\u003cstrong\u003eLaw, Rates and Effective Duty in One Place\u003c\/strong\u003e] Statutory text, the tariff schedules and every linked levy are consolidated so the effective rate of duty can be derived without consulting separate publications\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003ePer-Chapter Integrated Treatment\u003c\/strong\u003e] For each tariff Chapter, the basic rate is followed, in a fixed order, by tariff values (\u003cem\u003ewhere prescribed\u003c\/em\u003e), anti-dumping and countervailing duties, safeguard duties, exemption notifications, and departmental clarifications and case law\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eJumbo Exemption Notification\u003c\/strong\u003e] The consolidated exemption and effective-rate notification covering specified goods of Chapters 1 to 98 (\u003cem\u003eread with section 25(4A) of the Customs Act 1962\u003c\/em\u003e), the principal reference point for concessional and effective rates, is included\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eUpdated \u0026amp; Amended\u003c\/strong\u003e] Fully reconciled with the Finance Act 2026 and all subordinate legislation up to the cut-off date; omitted and superseded provisions (\u003cem\u003ee.g. Education Cess, Secondary \u0026amp; Higher Education Cess\u003c\/em\u003e) are retained as marked entries for continuity\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eHealth Security se National Security Cess (HSNS Cess)\u003c\/strong\u003e] The HSNS Cess Act 2025 and HSNS Cess Rules 2026 with departmental FAQs, together with the allied Chewing Tobacco, Jarda Scented Tobacco and Gutkha Packing Machines (Capacity Determination and Collection of Duty) Rules 2026 are included\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eNew Baggage Framework\u003c\/strong\u003e] The recast Baggage Rules 2026 and the Customs Baggage (Declaration and Processing) Regulations 2026 are included\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eLatest Trade-Agreement and Assessment Rules\u003c\/strong\u003e] The India–EFTA (TEPA) Rules 2025 and the Customs (Finalisation of Provisional Assessment) Regulations 2025 are included\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eBuilt-In Computation Guidance\u003c\/strong\u003e] A 'How to use this Tariff?' guide and a worked 'How to calculate the effective rate of import duty' illustration that sets out the order in which BCD, Social Welfare Surcharge, cesses and IGST are calculated\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe coverage of the book is as follows:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eCustoms Tariff Act 1975\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eThe complete bare-Act text, including the charging provision, preferential and trade-agreement rates, protective-duty powers, emergency powers, and the substantive trade-remedy sections (\u003cem\u003e9, 9A, 9AA, 9B, 8B\u003c\/em\u003e)\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eImport Tariff (First Schedule)\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eThe full Harmonised System classification: 98 Chapters arranged in 21 Sections, with Section Notes, Chapter Notes, Sub-Chapter divisions, the General Rules for Interpretation and the General Explanatory and Additional Notes. The schedule runs the entire commodity spectrum—from live animals, vegetable products and mineral fuels, through chemicals, plastics and textiles, to base metals, machinery, electrical equipment, vehicles, precision instruments, arms, works of art, and the special provisions of Chapter 98 (\u003cem\u003eproject imports, laboratory chemicals, passengers' baggage and personal importation by air or post\u003c\/em\u003e)\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eGeneral Exemptions for Import\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eOrganised into thematic families covering, among others, imports by privileged persons, organisations and foreigners; training, educational, research and testing imports; oil-exploration and national-programme imports; donations and gifts; sports goods and trophies; imports from specified countries and preferential areas; export-promotion schemes, EOUs and temporary imports; Special Economic Zones; advance authorisation, DFIA, EPCG and replenishment-licence schemes; re-imports; imports for industrial production; and chapter-wise effective rates\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eExport Tariff (Second Schedule)\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eCommodities liable to export duty, the corresponding export exemptions (\u003cem\u003ere-export of confiscated goods, samples and gifts, specified agricultural and leather goods, etc.\u003c\/em\u003e), and departmental clarifications and case law\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eIGST on Imports\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eA bird's-eye introduction to IGST, extracts of the IGST Act 2017, the IGST Rules, and the rate, exemption and law-and-procedure notifications, supported by commentary on the charge, levy on import of goods, place of supply, reverse charge, apportionment of tax, and the application of CGST provisions to IGST\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eCesses, Additional Duties and Other Levies (Annexures 1–35)\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eSocial Welfare Surcharge, Road \u0026amp; Infrastructure Cess, Health Cess on imported medical devices, National Calamity Contingent Duty, Agriculture Infrastructure and Development Cess, the GST Compensation Cess position (\u003cem\u003enot leviable from 1\u003csup\u003est\u003c\/sup\u003e\u003cspan\u003e \u003c\/span\u003eFebruary 2026\u003c\/em\u003e), CVD and Special Duty, the IGCR (Concessional Rate) Rules 2022, Project Imports Regulations 1986, and the HSNS Cess regime, together with the validating provisions relating to the Customs Tariff\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eTrade-Remedy Law\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eThe rules and rate notifications for anti-dumping duty, countervailing duty on subsidised articles, and the refund of anti-dumping duty paid in excess of the actual margin of dumping, alongside the safeguard-duty and safeguard-measures (\u003cem\u003equantitative restrictions\u003c\/em\u003e) framework and the agreement-specific bilateral safeguard rules (\u003cem\u003eIndia–Singapore, ASEAN, Japan, Korea, Malaysia\u003c\/em\u003e)\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eRules of Origin\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eThe determination-of-origin rules for India's preferential and comprehensive economic agreements—APTA, SAFTA, ASEAN, Japan, Korea, Singapore, Mauritius, UAE, Australia, Chile, MERCOSUR, the DFTP scheme for LDCs, and the new India–EFTA arrangement—and the Customs (Administration of Rules of Origin under Trade Agreements) Rules 2020\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eFinding Tools\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eA consolidated Commodity Index and a Chronological List of Basic Notifications\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe work is organised into nine Parts across two volumes:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eVolume 1 — Custom Duty Rates \u0026amp; Exemptions\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003ePart 1 — Customs Tariff Act, 1975 (\u003cem\u003etext\u003c\/em\u003e)\u003c\/li\u003e\n\u003cli\u003ePart 2 — Import Tariff (\u003cem\u003eFirst Schedule\u003c\/em\u003e)\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eVolume 2 — IGST, Export Tariff, Cesses, Trade-Remedy Duties, Baggage Rules \u0026amp; Index\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003ePart 3 — Export Tariff (\u003cem\u003eSecond Schedule\u003c\/em\u003e)\u003c\/li\u003e\n\u003cli\u003ePart 4 — IGST\u003c\/li\u003e\n\u003cli\u003ePart 5 — Annexures 1–35 (\u003cem\u003eCesses, Additional Duties \u0026amp; Other Levies, including the HSNS Cess\u003c\/em\u003e)\u003c\/li\u003e\n\u003cli\u003ePart 6 — Safeguard Duty\u003c\/li\u003e\n\u003cli\u003ePart 7 — Anti-dumping \u0026amp; Countervailing Duty; Part 8 — Miscellaneous (\u003cem\u003eCommodity Index and Chronological List of Basic Notifications\u003c\/em\u003e)\u003c\/li\u003e\n\u003cli\u003eWithin Part 2, every Chapter follows the same internal sequence—Rules for Interpretation and General Exemptions at the front of the Part, then, Chapter by Chapter, the Section and Chapter Notes followed in fixed order by tariff values, anti-dumping and countervailing duties, safeguard duties, exemption notifications, and departmental clarifications and case law\u003c\/li\u003e\n\u003cli\u003eThis recurring architecture allows the reader to move from a tariff heading to its fully-loaded effective rate within one Chapter, with cross-references pointing to the Annexures in Volume 2 for the levies that stack on top of basic customs duty\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e","brand":"Only Padhai","offers":[{"title":"Default Title","offer_id":45461021098007,"sku":null,"price":3146.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0803\/5054\/3895\/files\/R.K.Jain_sCustomsTariffofIndia.png?v=1788178734"},{"product_id":"employer-employees-guide-to-new-labour-laws","title":"Employer Employee's Guide to New Labour Laws","description":"\u003cp\u003e\u003cem\u003e\u003cspan\u003eEmployer-Employee's Guide to New Labour Laws\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e\u003cspan\u003eis a focused, practical handbook that explains how India's labour-law landscape has been transformed by the four new Labour Codes and what that transformation means, in concrete terms, for employers and employees alike. The four Codes are:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cspan\u003eThe Code on Wages 2019 (COW 2019)\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eThe Industrial Relations Code 2020 (IRC 2020)\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eThe Code on Social Security 2020 (CSS 2020)\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eThe Occupational Safety, Health and Working Conditions Code 2020 (OSHWC Code 2020)\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThese four Codes consolidate and replace more than two dozen erstwhile central labour enactments—among them the Payment of Bonus Act 1965, Payment of Gratuity Act 1972, Minimum Wages Act 1948, Payment of Wages Act 1936, EPF Act 1952, ESI Act 1948, Employees' Compensation Act 1923, Factories Act 1948, Industrial Disputes Act 1947, Contract Labour Act 1970, Trade Unions Act 1926, Maternity Benefit Act 1961, Equal Remuneration Act 1976, Inter-State Migrant Workmen Act 1979, and the Unorganised Workers' Social Security Act 2008. The book is built around the fact that all four Codes came into force on 21\u003csup\u003est\u003c\/sup\u003e November 2025, making this 2026 edition a timely, transition-stage guide, with the law set out up to 15\u003csup\u003eth\u003c\/sup\u003e June 2026.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eCrucially, the book does not simply reprint the statute. Its organising principle is a single, high-value question—\u003c\/span\u003e\u003cspan\u003e'\u003c\/span\u003e\u003cspan\u003ewhat has actually changed?\u003c\/span\u003e\u003cspan\u003e'\u003c\/span\u003e\u003cspan\u003e Topic by topic, it isolates each new definition, revised threshold, fresh compliance obligation, and altered entitlement under the Codes, and contrasts it with the corresponding provision in the repealed Act (\u003cem\u003eoften citing both the old section and the new Code section\u003c\/em\u003e). The result is a change-oriented digest that lets either side of the workplace relationship understand the practical impact of the new regime quickly and precisely.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThe guide is pitched at both a general and a professional readership:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eEmployers, Business Owners, and Management\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e who must understand and discharge new compliance duties (\u003cem\u003eregistrations, notices, licences, wage restructuring, returns\u003c\/em\u003e) under the Codes\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eHR, Personnel, Payroll, and Compliance Teams\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e re-engineering salary structures and benefit calculations to align with the new, unified definition of \u003c\/span\u003e\u003cspan\u003e'\u003c\/span\u003e\u003cspan\u003ewages\u003c\/span\u003e\u003cspan\u003e'\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eEmployees, Workers, and their Representatives\/Trade Unions\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e who want clarity on revised rights, eligibility, and protections\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003ePractitioners—Labour-Law Advocates, Company Secretaries, Chartered Accountants, and Consultants\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e—needing a fast, reliable change-reference\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eStudents and Academics in Law, HR, and Management\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e seeking a clear orientation to the new four-Code architecture\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eIt’s plain-language, comparison-driven style serves newcomers as an explainer and experienced professionals as a desk-side ready reckoner\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Present Publication is the 1\u003csup\u003est\u003c\/sup\u003e Edition, updated till 15\u003csup\u003eth\u003c\/sup\u003e June 2026, authored by Taxmann\u003c\/span\u003e\u003cspan\u003e'\u003c\/span\u003e\u003cspan\u003es Editorial Board with the following noteworthy features:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eChange-Focused, not Text-Heavy\u003c\/strong\u003e] Every chapter pinpoints what is new or different under the Codes and sets it against the repealed Act, so the practical effect is immediately visible\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eAll Four Labour Codes in One Slim Volume\u003c\/strong\u003e] Wages, Industrial Relations, Social Security, and OSHWC are covered together, with cross-references between old and new provisions\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\n\u003cspan\u003e[\u003cstrong\u003eBuilt Around the Unified \u003c\/strong\u003e\u003c\/span\u003e\u003cspan\u003e'\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eWages\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e'\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003e Definition\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e] The single definition of \u003c\/span\u003e\u003cspan\u003e'\u003c\/span\u003e\u003cspan\u003ewages\u003c\/span\u003e\u003cspan\u003e'\u003c\/span\u003e\u003cspan\u003e [\u003cem\u003eSection 2(y), COW 2019\u003c\/em\u003e] now applies across all four Codes—and the book devotes a full chapter to it\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cspan\u003e[\u003cstrong\u003eWorked Illustrations of the \u003c\/strong\u003e\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003e'\u003c\/span\u003e\u003c\/strong\u003e\u003cstrong\u003e\u003cspan\u003e50% Rule\u003c\/span\u003e\u003c\/strong\u003e\u003cstrong\u003e\u003cspan\u003e'\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e]\u003c\/span\u003e\u003cspan\u003e Concrete, rupee-by-rupee examples show how allowances exceeding 50% of total remuneration are added back to \u003c\/span\u003e\u003cspan\u003e'\u003c\/span\u003e\u003cspan\u003ewages,\u003c\/span\u003e\u003cspan\u003e' \u003c\/span\u003e\u003cspan\u003eand how this re-bases bonus, gratuity, PF, and ESI\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eLatest Government Clarifications\u003c\/strong\u003e] Reflects the official FAQs on Labour Codes dated 30-12-2025 and the Additional FAQs dated 16-03-2026\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eDual Employer–Employee Lens\u003c\/strong\u003e] Obligations and entitlements are presented from both sides of the workplace relationship\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eTopic-wise Alphabetical Arrangement\u003c\/strong\u003e] Subjects from Bonus to Special Categories of Workers are easy to look up\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eGranular Paragraph Design\u003c\/strong\u003e] Each topic is split into numbered points, each flagging one discrete change\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eBuilt-in Reference Aids\u003c\/strong\u003e] A list of abbreviations maps each repealed Act to its short form, and a subject index supports quick navigation\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe guide spans 23 chapters across wages, social security, workplace safety, and industrial relations. Thematically:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eWages \u0026amp; Monetary Benefits\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eWages\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e — The new unified definition and its downstream effects\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eBonus\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e — Uniform accounting year (1 Apr–31 Mar) for all employer-entities; revised eligibility\/threshold limits; impact of the new \"wages\" definition on bonus payable\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eGratuity\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e — Including recognition of fixed-term employees, who become eligible for pro-rata gratuity even where service ends without completing the usual 5 years of continuous service\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\u003cem\u003e\u003cspan\u003eEqual Remuneration\u003c\/span\u003e\u003c\/em\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cem\u003e\u003cspan\u003eFAQs and Illustrations on Wage Structure\u003c\/span\u003e\u003c\/em\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eSocial Security \u0026amp; Welfare\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cem\u003e\u003cspan\u003eEmployees' Provident Fund (EPF)\u003c\/span\u003e\u003c\/em\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cem\u003e\u003cspan\u003eEmployees' State Insurance (ESI)\u003c\/span\u003e\u003c\/em\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cem\u003e\u003cspan\u003eEmployees' Compensation\u003c\/span\u003e\u003c\/em\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cem\u003e\u003cspan\u003eMaternity Benefit\u003c\/span\u003e\u003c\/em\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cem\u003e\u003cspan\u003eUnorganised Workers' Social Security — Now expressly extended to gig workers and platform workers, with new registration and welfare provisions\u003c\/span\u003e\u003c\/em\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cem\u003e\u003cspan\u003eRegistration of Establishments under the Code on Social Security 2020\u003c\/span\u003e\u003c\/em\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eOccupational Safety, Health \u0026amp; Working Conditions\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cem\u003e\u003cspan\u003eDuties of Employees Regarding Workplace Safety\u003c\/span\u003e\u003c\/em\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cem\u003e\u003cspan\u003eDuties of All Employers in Respect of Workplace, Occupational Safety and Health Standards, etc.\u003c\/span\u003e\u003c\/em\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cem\u003e\u003cspan\u003eFactories\u003c\/span\u003e\u003c\/em\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cem\u003e\u003cspan\u003eMines\u003c\/span\u003e\u003c\/em\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eIndustrial Relations \u0026amp; Employment Administration\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eIndustrial Disputes\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e — Including the new framework for fixed-term employment\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\u003cem\u003e\u003cspan\u003eStanding Orders\u003c\/span\u003e\u003c\/em\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cem\u003e\u003cspan\u003eTrade Unions\u003c\/span\u003e\u003c\/em\u003e\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eContract Labour\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e — Applicability threshold raised from 20 to 50 workers; new electronic licensing, work-specific licences, and notice requirements\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eCareer Centres\/Employment Exchanges\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e — \u003c\/span\u003e\u003cspan\u003e'\u003c\/span\u003e\u003cspan\u003eEmployment Exchanges\u003c\/span\u003e\u003cspan\u003e' \u003c\/span\u003e\u003cspan\u003ereconceived as wider \u003c\/span\u003e\u003cspan\u003e'\u003c\/span\u003e\u003cspan\u003eCareer Centres,\u003c\/span\u003e\u003cspan\u003e'\u003c\/span\u003e\u003cspan\u003e which may be portals and also serve self-employment\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eSpecial Categories \u0026amp; Protections\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cem\u003e\u003cspan\u003eInter-State Migrant Workers\u003c\/span\u003e\u003c\/em\u003e\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eWomen, Employment of\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e — Including provisions permitting women to work at night (\u003cem\u003ebeyond 7 p.m. and before 6 a.m.\u003c\/em\u003e), subject to prescribed safety conditions and the woman's consent\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\u003cem\u003e\u003cspan\u003eSpecial Categories of Workers\u003c\/span\u003e\u003c\/em\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cspan\u003eAcross these topics the book consistently highlights the concrete shifts—new definitions, raised or removed thresholds, electronic notices and registrations, and reworked entitlements—rather than leaving the reader to infer them from the bare Code text\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eSpotlight — The Unified \u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003e'\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eWages\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003e' \u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eDefinition \u0026amp; the 50% Rule\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\n\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\n\u003cspan\u003eThe book's standout practical contribution is Chapter 23 (\u003cem\u003eFAQs and Illustrations on Wage Structure\u003c\/em\u003e), which addresses the change with the widest payroll impact: a single statutory definition of \u003c\/span\u003e\u003cspan\u003e'\u003c\/span\u003e\u003cspan\u003ewages\u003c\/span\u003e\u003cspan\u003e'\u003c\/span\u003e\u003cspan\u003e now governs bonuses, gratuities, employer PF contributions, and employer ESI contributions across all four Codes\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cspan\u003eIn essence, \u003c\/span\u003e\u003cspan\u003e'\u003c\/span\u003e\u003cspan\u003ewages\u003c\/span\u003e\u003cspan\u003e' \u003c\/span\u003e\u003cspan\u003e= Basic pay, Dearness Allowance \u0026amp; Retaining Allowance, with specified components excluded. But under the 50% rule, if total excluded allowances exceed 50% of total remuneration, the excess is added back into \u003c\/span\u003e\u003cspan\u003e'\u003c\/span\u003e\u003cspan\u003ewages.\u003c\/span\u003e\u003cspan\u003e'\u003c\/span\u003e\u003cspan\u003e The chapter works this through in plain figures, for example:\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cul type=\"square\"\u003e\n\u003cli\u003e\n\u003cspan\u003eOn a CTC of ₹1,00,000\/month (Basic \u0026amp; DA ₹20,000; allowances ₹60,000; gratuity ₹20,000), 50% of ₹1,00,000 is ₹50,000. The allowance excess over that cap is ₹10,000, which is added back—so statutory \u003c\/span\u003e\u003cspan\u003e'\u003c\/span\u003e\u003cspan\u003ewages\u003c\/span\u003e\u003cspan\u003e'\u003c\/span\u003e\u003cspan\u003e become ₹30,000, and bonus\/gratuity\/PF\/ESI are computed on that figure\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cspan\u003eIt also reproduces and explains the Government's own illustration from the FAQs on Labour Codes dated 30-12-2025, making the chapter a hands-on tool for HR and payroll teams restructuring compensation\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe structure of the book is as follows:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eFront Matter\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — Chapter-heads, a detailed analytical table of contents (\u003cem\u003edown to sub-paragraph level\u003c\/em\u003e), and a list of abbreviations that maps each of the two-dozen-plus repealed Acts to its short form\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003e23 Topic Chapters Arranged Alphabetically\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — From Bonus (\u003cem\u003eChapter 1\u003c\/em\u003e) through Special Categories of Workers (\u003cem\u003eChapter 22\u003c\/em\u003e), so any subject can be found without an index search\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eComparative, Numbered-paragraph Design\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — Each chapter opens by naming the repealed Act and the Code (\u003cem\u003eand chapter\u003c\/em\u003e) that now governs the subject, then proceeds point-by-point (\u003cem\u003e1.1, 1.2 …\u003c\/em\u003e), each point isolating a single change and frequently citing both the old section and the new Code section\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eA Dedicated Practical Chapter\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — Chapter 23 (\u003cem\u003ethe final chapter\u003c\/em\u003e) converts the new wage definition into Q\u0026amp;A plus worked numerical illustrations\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eClosing Reference\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — A Subject Index for pinpoint navigation\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eThis lets a reader either read a topic end-to-end or jump straight to one specific change—equally suited to study and on-the-desk compliance checks\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"Only Padhai","offers":[{"title":"Default Title","offer_id":45470873649175,"sku":null,"price":371.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0803\/5054\/3895\/files\/Employer-Employee_sGuidetoNewLabourLaws.png?v=1788349864"},{"product_id":"direct-taxes-law-practice","title":"Direct Taxes Law \u0026 Practice","description":"\u003cp\u003e\u003cem\u003e\u003cspan\u003eDirect Taxes Law \u0026amp; Practice (Professional Edition)\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e is the flagship treatise on Indian direct taxation by Dr Vinod K. Singhania and Dr Kapil Singhania, first published in August 1981 and now in its 74\u003csup\u003eth\u003c\/sup\u003e Edition. This is the most significant revision in the work's four-decade history: the entire text has been reconstructed around the Income-tax Act 2025, the statute that supersedes the Income-tax Act 1961 with effect from 1\u003csup\u003est\u003c\/sup\u003e April 2026, read with the Income-tax Rules 2026, which replace the Income-tax Rules 1962.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThe law stated is as amended by the Finance Act 2026 and the Taxation \u0026amp; Other Laws (Amendment) Act 2026, and is updated up to 10\u003csup\u003eth\u003c\/sup\u003e August 2026. The commentary incorporates the Central Board of Direct Taxes' Office Memorandum dated 6\u003csup\u003eth\u003c\/sup\u003e July 2026, cited at five separate points in the chapter on repeal and savings and including a ten-point clarification on the conduct of proceedings straddling the two statutes; it further sets out the Foreign Assets of Small Taxpayers Disclosure Scheme 2026 in full working detail.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eAs the authors observe, the Income-tax Act 2025 is 'vast, intricate, and ever-evolving', and for practitioners 'the true challenge lies not merely in mastering its statutory provisions, but in applying them to real-world scenarios with clarity, precision, and confidence'. The work has accordingly been thoroughly rewritten rather than renumbered. Wherever a provision of the 2025 Act has an antecedent in the 1961 Act, the discussion carries that antecedent in brackets alongside—a convention observed throughout the headings, sub-headings, tables, footnotes, case-law notes and the computation lines within the case studies themselves. A practitioner accustomed to reasoning in terms of sections 10, 32, 45, 48, 80C, 139, 143(3) or 194J may therefore locate the corresponding proposition within the new architecture without interruption.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThis Edition is designed to serve as the single work to which a practitioner turns when a question must be answered correctly, promptly and with authority. It is intended for the following readership:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003ePractising Chartered Accountants, Company Secretaries and Cost Accountants\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003ehandling return filing, tax audit, TDS\/TCS compliance, assessments, appeals and advisory work\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eAdvocates, Tax Counsel and Litigators\u003cspan\u003e \u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003eappearing before the JCIT(A)\/CIT(A), the Appellate Tribunal, the High Courts and the Supreme Court, particularly upon transitional questions spanning both statutes\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eIn-House Tax Teams, CFOs, Finance Controllers and Corporate Tax Managers\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eresponsible for corporate tax positions, MAT\/AMT, withholding obligations, group restructuring and disclosure\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eTransfer Pricing and International Tax Specialists\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eadvising upon associated enterprises, arm's length pricing, safe harbour rules, APAs, secondary adjustments, thin capitalisation and non-resident taxation\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eAdvisors to Non-Profit Organisations and Trusts, Co-operative Societies, Firms and LLPs\u003c\/em\u003e\u003c\/strong\u003e, given the extent to which the 2025 Act recasts the charitable-institution regime\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eDepartmental Officers and Revenue-Side Professionals\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003erequiring the statutory position, the Board's circulars and the judicial gloss upon a provision in a single place\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eAcademics, Researchers and Advanced Students\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eof the CA Final, CS Professional, CMA Final, LLB\/LLM, M.Com and comparable programmes\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eThose Managing the 1961-to-2025 Transition\u003c\/em\u003e\u003c\/strong\u003e, including carry-forward losses, unabsorbed depreciation, MAT\/AMT credit, pending proceedings, options already exercised, past orders, expired limitation and search cases\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Present Publication is the 74\u003csup\u003eth\u003c\/sup\u003e Edition for Tax Year 2026-27 and Assessment Year 2026-27. It is authored by Dr Vinod K. Singhania \u0026amp; Dr Kapil Singhania, with the following noteworthy features:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eComprehensively Rewritten\u003c\/strong\u003e] In line with the Income-tax Act 2025 and the Income-tax Rules 2026. Chapters have been restructured rather than renumbered: material which the new statute consolidates is consolidated here, and material which it redistributes is redistributed accordingly.\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eSection-wise Cross-Referencer of Old \u0026amp; New Provisions\u003c\/strong\u003e] Mapping every provision of the 1961 Act to its counterpart in the 2025 Act and to the paragraph of this book in which it is discussed. The referencer operates in both directions, carrying entries for provisions that are new and without antecedent as well as for provisions of the repealed Act that have no successor, so that no line of enquiry terminates without a result. It cites paragraph numbers rather than page numbers, directing the reader to the discussion itself.\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eAmendments at a Glance\u003c\/strong\u003e] More than 50 pages identifying what has changed and where each change is discussed. An 85-item referencer in three parts: the amendments introduced by the Finance Act 2026; the structural changes brought about by the Income-tax Act 2025; and the changes introduced by the Income-tax Rules 2026, the last presented in before-and-after tabular form. For a practitioner returning to the work after an interval, it constitutes the natural point of entry\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eRoute-Map Tables\u003c\/strong\u003e] Placed at the head of the more substantial chapters, listing every topic against its section, its antecedent section and its paragraph number, so that a chapter extending to 250 pages may be surveyed in two before the reader proceeds\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eTheoretical Discussion Supplemented by 600+ Case Studies\u003c\/strong\u003e] Spanning an exhaustive range of issues and offering solutions to complex problems with reference to the latest case law. More than 450 carry a citable identifier, and 445 are worked through to a labelled solution accompanied by a full computation table. Running page headers carry the problem number, enabling a case study to be located and cited with precision\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eLucid \u0026amp; To-the-Point Explanations\u003c\/strong\u003e] The matter is painstakingly arranged in numbered paragraphs and sub-paragraphs to conserve the reader's time and effort, while debatable issues are deliberated through to their logical conclusion rather than left unresolved\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eTax Planning Hints\u003c\/strong\u003e] Provided wherever the occasion arises. Six chapters conclude with a dedicated planning paragraph, and a full chapter develops the subject in its own right, distinguishing tax planning, avoidance, evasion and tax management, and tracing the leading authorities upon the limits of legitimate arrangement\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eGist of Relevant Circulars, Clarifications \u0026amp; Notifications issued by CBDT\u003c\/strong\u003e] Covering January 2018 to February 2026: a 225-page digest arranged provision by provision, so that the departmental position upon a section may be read alongside the commentary upon it\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eGist of Landmark Rulings of Supreme Court\/High Courts\u003c\/strong\u003e] Covering 2018 to February 2026: a 159-page digest under more than 200 section headings, recording the status of Special Leave Petitions so that the precedential weight of a High Court ruling may be assessed. Across the commentary and both digests, the work carries upwards of 6,000 reported citations\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eFrequently Asked Questions\u003c\/strong\u003e] Upon the computation of salary income and the mode of computation of annual value, in which the authors address objections that a careful reader might raise regarding the method adopted in this book, including a numerical demonstration that the simplified computation employed here yields a result identical to that of the statutory sequence — a degree of methodological self-examination seldom encountered in works of reference\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eReady Reckoners\u003c\/strong\u003e] A Tax Rates annexure, opening with a sixteen-step computation format and carrying the rate tables for every category of assessee, together with a complete Rates of Depreciation annexure\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe structure of the book is as follows:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eA Research Layer Precedes the Commentary\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — Approximately 450 of the work's 1,892 pages precede Chapter 1: abbreviations, the Section-wise Index, Amendments at a Glance and the two digests. Collectively they permit the reader to approach the work from whichever reference is to hand — an old section number, a new one, a circular, a judgment, a form, or simply the question of what has changed during the year\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eNumbered Paragraphs Constitute the Unit of Reference\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — The commentary runs in numbered paragraphs from 1 to 779, subdivided into approximately 2,500 sub-paragraphs across as many as four levels of depth. Every internal cross-reference is to a paragraph rather than to a page; for this reason the work requires no alphabetical subject index, the numbering and the section-wise map serving that purpose with greater precision\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eEach Topic Follows a Uniform Design\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — The rule is stated; the exceptions and contested readings are examined with the support of circulars and case law; the argument is resolved; the proposition is demonstrated upon a worked case study with a full computation; and a planning note is added where warranted\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eThe Allocation of Space Reflects Practical Significance\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — Profits and gains of business or profession occupies 251 pages, a fifth of the entire commentary, with depreciation alone subdivided into some ninety sub-paragraphs. Capital gains occupies 118 pages, salaries 90, tax deduction at source 86, and return of income and assessment 77. The procedural chapters are correspondingly concise, refunds occupying two pages and advance payment of tax five. The treatment throughout is proportionate to the practical weight of the subject\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"Only Padhai","offers":[{"title":"Default Title","offer_id":45482042327063,"sku":null,"price":3496.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0803\/5054\/3895\/files\/DirectTaxesLaw_Practice-ProfessionalEdition.png?v=1788426911"},{"product_id":"faceless-assessment-appeals-penalty","title":"Faceless Assessment Appeals \u0026 Penalty","description":"\u003cp\u003e\u003cem\u003e\u003cspan\u003eFaceless Assessment Appeals \u0026amp; Penalty – Law | Procedure | Practical Guide\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e is a practitioner's reference on India's faceless tax regime as it stands after the Finance Act 2026. It treats the three pillars of departmental adjudication—faceless assessments, faceless first appeals (CIT(A) and JCIT(A)) and faceless penalty proceedings—together with the allied e-schemes (\u003cem\u003everification, valuation, jurisdiction, escaping assessment, advance rulings, rectification, dispute resolution\u003c\/em\u003e) that now sit alongside them.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThe defining feature of this Edition is its parallel handling of the Income-tax Act 1961 and the Income-tax Act 2025 during the transitional period: every section, rule, form and procedural reference is mapped to its counterpart in the other statute (\u003cem\u003esection 144B ↔ section 273; section 270A ↔ section 439; section 245MA ↔ section 379; section 273A ↔ section 469; section 273B ↔ section 470; section 250 ↔ section 359; section 263 ↔ section 377; Rule 46A ↔ Rule 192; Form 35 ↔ Form 99\u003c\/em\u003e) so the reader can argue under either Act without losing their footing.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThe book combines black-letter exposition with three layers of practitioner-facing material:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cspan\u003eT\u003c\/span\u003e\u003cspan\u003ehe internal CBDT Standard Operating Procedures of every faceless unit reproduced and broken down question-by-question\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eAn original survey of 25 senior tax practitioners on the lived experience of seven years of faceless practice\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eFifteen worked case scenarios with full specimen submissions covering the issues that recur most often in scrutiny and re-assessment work—bogus purchases, cash deposits, change of opinion, denial of cross-examination, on-money additions, penny stocks, sanction without application of mind, and others\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe writing places deliberate emphasis on the craft of written advocacy, on the footing that the disappearance of the personal hearing has made the quality of the written submission almost the only thing that remains in the practitioner's control.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThis book is intended for the following audience:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChartered Accountants and Advocates\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e representing assessees in scrutiny, re-assessment, first-appeal and penalty proceedings under the faceless regime\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eIn-House Direct Tax Teams of Corporates, MSMEs, Family Offices and High-Net-Worth Individuals\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e managing the assessment-to-Tribunal litigation cycle\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eSenior Counsel and Partners\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e requiring a consolidated reference that handles the Income-tax Act 1961 and the Income-tax Act 2025 in parallel during the transitional years\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eTax Consultants and Authorised Representatives\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e drafting grounds of appeal, statements of facts, condonation petitions, affidavits, applications for additional evidence, stay applications, and written submissions\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eDepartmental Officers \u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003eseeking a structured account of the SOPs of the Assessment, Verification, Technical, Review, Penalty and Penalty Review Units, and the legal limits on each\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eTax Counsel\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e preparing for writ proceedings on faceless infirmities, who need a curated digest of the natural-justice jurisprudence emerging from the High Courts since 2021\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003ePractitioners\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e moving from the conventional regime into faceless practice who need an end-to-end procedural bridge\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eFaculty, Students and Trainees\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e on the ICAI, BCAS, CTC and AIFTP representation-and-drafting courses\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Present Publication is the 2\u003csup\u003end\u003c\/sup\u003e Edition | 2026, amended by the Finance Act 2026. This book is authored by Adv. Kinjal Bhuta, with the following noteworthy features:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eDual-Statute Mapping\u003c\/strong\u003e] Provision-wise comparative tables linking every section, rule and form of the Income-tax Act, 1961\/Rules 1962 with the Income-tax Act 2025\/Rules, 2026, extending across penalty, appellate, rectification, revision and limitation provisions\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eFinance Act 2026 Penalty Amendments\u003c\/strong\u003e] Dedicated treatment of the section 466 (272AA) maximum penalty hike from ₹1,000 to ₹25,000; the section 102 (115BBE) special rate cut from 60% to 30% with the offsetting 200% penalty pushing the effective burden from 85.80% to 117%; the section 440 (270AA) immunity extension to misreporting on payment of additional 100% tax; the new crypto-asset reporting penalty regime under sections 446 and 509 (271B and 285BAA); and the ₹1 lakh cap on the SFT failure penalty under section 454 (271FA)\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eCommon Assessment-and-Penalty Order\u003c\/strong\u003e] Coverage of the section 471 (274) regime introduced by the Finance Act 2025 for orders passed after 1 April 2027, with the author's note on its interaction with the Faceless Penalty Scheme\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eInternal CBDT SOPs Decoded\u003c\/strong\u003e] Reproduction and question-by-question decomposition of the SOPs of the Assessment, Verification, Technical, Review, Penalty and Penalty Review Units, including case allocation, response timelines, PCIT approval matrices, Insight and ITBA workflows, AU-1 to AU-9 annexure formats, and inter-unit reference protocols\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eFAQ Treatment of Every Scheme\u003c\/strong\u003e] Separate Q\u0026amp;A blocks on the Faceless Assessment, Faceless Appeals 2021, e-Appeals 2023, Faceless Penalty (Amendment) 2022, e-Verification 2021, Faceless Inquiry or Valuation 2022, Faceless Jurisdiction 2022, e-Dispute Resolution 2022, e-Assessment of Income Escaping Assessment 2022, e-Advance Rulings (Amendment) 2023, and e-Rectification (section 157) Schemes\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eAnnotated Portal Walkthroughs\u003c\/strong\u003e] Step-by-step screen-by-screen guidance covering the response window, attachment rules (\u003cem\u003e5 MB single, 50 MB zipped, 10-attachment limit, 4,000-character remark cap\u003c\/em\u003e), partial vs. full responses, adjournment windows, e-verification, video-conference scheduling, and Form 99 (Form 35) appeal filing in eight stages\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eProcedural Maps\u003c\/strong\u003e] Bird's-eye-view diagrams tracing a case through the faceless pipeline, including the structural arrangement of the centres and units and the communication flow between AU, VU, TU, RU and NaFAC\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eOriginal Practitioner Survey\u003c\/strong\u003e] DIP-stick survey of 25 senior practitioners across metro, tier-2, tier-3 and pan-India practices, with fourteen multiple-choice questions across three sections, generating empirical findings such as 76% citing attachment size as the most pervasive technical problem, 72% flagging video-conference unreliability, 80% dissatisfied with the quality of faceless appellate orders, and only 24% rating the regime as very effective\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eDrafting Curriculum\u003c\/strong\u003e] Two-chapter framework built on the 'A, B, C' principles (\u003cem\u003eAccuracy, Brevity, Clarity\u003c\/em\u003e), the Betty S. Flowers 'Madman, Architect, Carpenter, Judge' role model, the recommended placement of grounds (\u003cem\u003ejurisdictional → legal\/technical → merits by quantum → without-prejudice → consequential → prayer\u003c\/em\u003e), and a Tribunal-tested checklist for statements of facts\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eSpecimen Drafts Across the Lifecycle\u003c\/strong\u003e] Templates for jurisdictional, technical, natural-justice, merits-based, without-prejudice and prayer grounds, condonation of delay, affidavit, application for additional evidence, stay application, and factual and legal submissions for assessment and appellate stages\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eFifteen Worked Case Scenarios\u003c\/strong\u003e] Chapter 6 specimen submissions covering bogus purchases, cash deposits under section 104 (69A), change-of-opinion re-assessments, denial of cross-examination, additions on documents not furnished, political-party donations, hardship compensation in re-development, re-assessment on incorrect information, additions based only on Investigation Wing reports, non-service of section 281(1) (148A(1)) notice, on-money\/cash payments for property, misreporting penalty under section 439(11) (270A(9)), penny stock additions, sanction under section 284 (151) without application of mind, and section 92(2)(m) (56(2)(x)) on tenancy-rights sales\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eSixteen Procedural Infirmities Digested\u003c\/strong\u003e] Issue-wise case-law digest covering reasonable opportunity, video-conference denial, addition without SCN, opportunity for all additions, missing SCN, reply not considered, non-speaking orders, best judgment not exercised, adjournment ignored, pre-conceived notions, technical glitches, regional-language documents, DRP objections ignored, SOPs not followed, cross-examination and document access denied, and voluminous-attachment hearings\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eDoctrines of Construction and Precedent\u003c\/strong\u003e] Treatment of per incuriam, sub silentio, obiter dicta, ratio decidendi, stare decisis, res judicata, estoppel, specific-over-general, statute-over-rules, ejusdem generis, casus omissus, charging vs. machinery provisions, deeming provisions, binding nature of circulars, and the doctrine of precedence, each anchored to leading authorities including Punjab Land Development, Gurnam Kaur, Sun Engineering Works, Balwant Rai Saluja, Radhasoami Satsang and Bagyalakshmi \u0026amp; Co.\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eAI in Legal Drafting\u003c\/strong\u003e] Dedicated framework on the responsible use of generative AI, covering risks (\u003cem\u003ecitation hallucination, jargon-without-context, voice mismatch, factual drift\u003c\/em\u003e), practical dos and don'ts, workflow tools (\u003cem\u003eGrammarly, WordRake, QuillBot\u003c\/em\u003e), and a structured verification protocol for AI-generated case law\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eFive Source-Document Appendices\u003c\/strong\u003e] Reproduction of the Faceless Assessment SOP (\u003cem\u003efull A-through-O paragraphing\u003c\/em\u003e), the Faceless Appeal and e-Appeal Schemes, the Faceless Penalty Scheme with annexures, the suite of other Faceless\/e-Schemes, and the original Press Releases including the 13 August 2020 'Honouring the Honest' announcement and the 25 September 2020 Faceless Appeals launch\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003ePalkhivala Anchors\u003c\/strong\u003e] Each chapter opens with a curated quotation from Sr. Adv. Nani Palkhivala as the author's tribute, framing the substantive legal analysis that follows\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe coverage of the book is as follows:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eArchitectural Foundations\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eConstitutional, statutory and administrative framework of faceless tax proceedings, traced from the Tax Administration Reforms Commission (\u003cem\u003eShome Committee, 2014\u003c\/em\u003e), through the CASS system, the e-Assessment Scheme of 2019, the Amendment Act of 2020, the insertion of section 144B (\u003cem\u003enow section 273 of the Income-tax Act 2025\u003c\/em\u003e), and the Finance Act 2026 amendments\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eFour Iterations of the Assessment Regime\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eSide-by-side comparison of the Faceless Assessment Scheme 2019, the New Faceless Regime from 1 April 2021, the substituted regime from 1 April 2022 to 31 March 2026, and the Income-tax Act, 2025 framework, covering governing legislation, jurisdiction, scope, draft-order procedure, the Income or Loss Determination Proposal (ILDP) mechanism, the deletion of the 'non est' sub-section, and DRP reference handling\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eFaceless First Appeals\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eTreatment of appeals before the JCIT(A) and CIT(A) under the Faceless Appeal Scheme 2021 and e-Appeals Scheme 2023—appealable and non-appealable orders, conditions of admission, the Form 35 to Form 99 transition, electronic filing requisites, additional grounds and evidence, enhancement, transfer, rectification, and progression to the ITAT\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eFaceless Penalty Proceedings\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eInitiation, abeyance, show-cause stage, immunity under section 440 (270AA), waiver under section 469 (273A), the section 470 (273B) reasonable-cause defence including the new section 451 and 452 (271DA, 271DB) inclusions, common assessment-and-penalty orders, time limits under section 472 (275), and the risk of multiple penalties allocated across Penalty Units\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eThirteen Portal-Level Concerns\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eSession expiry mid-submission, the 5 MB attachment limit and its workarounds, partial vs. full submission strategy, retraction of mistaken attachments, the 15-day adjournment window, time-of-day vs. end-of-day cut-off ambiguity, real-time alert failure, jurisdiction-industry mismatch, non-speaking orders and their interplay with sections 263 and 264 (377\/378), case-law attachment practice, reasonable cause for non-response, partial-submission treatment, and section 144A directions in light of the Income-tax Act, 2025 silence\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eLegal Conundrums in Practice\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eInsufficient response time at the show-cause stage, departmental silence on adjournments, set-aside matter procedure, AO failure to exercise best-judgment power, the right to cross-examine and access relied-upon material, orders passed before the SCN deadline, opportunity for all proposed additions, the FAO–JAO controversy on section 148 jurisdiction, validity of orders without DIN, and the live debate on Circular F. No. 225\/157\/2017 compliance for section 143(2) notices (\u003cem\u003ewith Bharat Bansal v. NFAC and pending Karnataka and Kerala High Court matters\u003c\/em\u003e)\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eDrafting Documents in the Practitioner's Toolkit\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eGrounds of appeal in their proper hierarchy, statement of facts (\u003cem\u003edescriptive, non-argumentative, mistake-correcting\u003c\/em\u003e), condonation of delay (\u003cem\u003eday-by-day explanation, affidavit, supporting evidence\u003c\/em\u003e), affidavit form, application for additional evidence with rule-anchoring, stay application invoking KEC International and Bhupendra Murji Shah, and factual and legal submissions for assessment and CIT(A) stages\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eDoctrines, Citation Craft and Case-Law Research\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eStatutory and judicial interpretation as actually deployed in income-tax submissions, with instruction on case-law research, reading and citing an order (\u003cem\u003efull reading, ratio over headnote, speed-reading, three-aspect focus on facts\/issues\/findings\u003c\/em\u003e), citation discipline (\u003cem\u003eitalicisation of verbatim text, single citation, fact-linking\u003c\/em\u003e), and avoidance of the recent judicial backlash against AI-generated phantom citations\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eOther Faceless and e-Proceedings\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eCoverage of the e-Verification Scheme 2021 (\u003cem\u003ewith portal workflow, section 133(6) response procedure and the section 139(8A) updated-return option\u003c\/em\u003e), the Faceless Inquiry or Valuation Scheme 2022, the Faceless Jurisdiction of Income-tax Authorities Scheme 2022, the e-Dispute Resolution Scheme 2022 with its eligibility filters and Form 34BC procedure, the e-Assessment of Income Escaping Assessment Scheme 2022, the e-Advance Rulings (Amendment) Scheme 2023, and e-Rectification under section 157\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eAlternative Remedies Outside the Faceless Track\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eE-Nivaran grievance redressal procedure, complaint emails, writ jurisdiction of the High Courts as a last resort, the Right to Information Act with category-wise information sought and FAQ-driven procedure, CPGRAMS, the section 375 (158A) repetitive-appeal protection, immunity provisions under sections 469 and 470 (273A and 273B), the Dispute Resolution Committee under section 379 (245MA), and the High-Pitched Assessment Committee under CBDT Instruction F. No. 225\/101\/2021-ITA-II dated 23 April 2022\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eContinuing Role of Jurisdictional Authorities\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eThe JAO's residual statutory powers, the Commissioner's supervisory jurisdiction over unattended rectifications, appeal effect not given, withheld refunds and undecided stay petitions, the PCIT's revision jurisdiction under sections 377 and 378 (263 and 264), the CIT(A)'s continuing power to allow early hearing, additional evidence, video-conference hearing and stay, and the structured escalation pathway from JAO to Addl. Commissioner\/CIT to PCIT before the writ remedy\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eNatural Justice as Connective Thread\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eSpeaking-order requirement, opportunity to be heard, right to cross-examine, access to relied-upon documents and video-conference rights, anchored to the sixteen-infirmity case-law digest and supported by Andaman Timber Industries, Canara Bank v. V.K. Awasthy, H.R. Mehta, Healthcare Global, Global Vectra Helicorp, Federal Bank, Arris Estates, C. Chellamuthu, CPF (India), Inox Wind Energy, Hiraben Pragjibhai Tala, Indu Goenka, Fayeza Muffadal Contractor, Antony Alphonse Kevin Alphonse, BL Gupta Construction, KBB Nuts and other recent High Court rulings\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe book is built in two interlocking blocks of four chapters each, followed by five appendices.\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eBlock I – The Faceless Regime Itself (Chapters 1 to 4)\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — Chapters 1 to 4 lay the legal and procedural foundation of the faceless mechanism—history and journey, faceless assessments, faceless appeals, and faceless penalty—and each follows a uniform internal architecture so the reader knows where to find each layer of analysis:\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eJourney-so-far Panel\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e — Chronological timeline with a master snapshot of CBDT notifications, circulars, instructions and internal orders from 2015 onwards\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eComparative Provision Table \u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e— Mapping of corresponding sections under the Income-tax Act 1961 and the Income-tax Act 2025 (\u003cem\u003eand Rules, 1962 vs. 2026\u003c\/em\u003e), with explicit treatment of Finance Act 2026 amendments\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eScheme FAQ Exposition\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e — Coverage of scope, units and functions, automated allocation, communication and authentication of electronic records, personal hearing rights, video-conference procedure, and powers to specify formats and processes\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eBird's-eye-view Diagrams\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e — Visual maps of the centres, functional units and procedural flow\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eDecoded SOPs\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e — Standard Operating Procedures of each unit reproduced question-by-question, with PCIT approval matrices, response timelines, ITBA workflows and Insight database references\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003ePortal Walkthrough\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e — Step-by-step submission procedure on the e-filing portal with annotated screenshots\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003ePractical Concerns\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e — Issues arising from portal mechanics in day-to-day practice\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eLegal Conundrums\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e — Constitutional and natural-justice questions at stake in faceless proceedings\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eJurisprudence Digest\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e — Issue-wise summary of recent High Court and Tribunal rulings\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eClosing Dénouement\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e — Consolidated takeaways at the end of each chapter\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eChapter 2 carries the additional original DIP-stick survey of 25 practitioners. Chapter 4 carries the dedicated treatment of the Finance Act 2026 penalty amendments and the common assessment-and-penalty order regime\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eBlock II – Drafting, Allied Proceedings and Alternative Remedies (Chapters 5 to 8) \u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e— Chapters 5 to 8 move from system-level understanding to the craft of representation:\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eChapter 5 | Drafting Curriculum\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e — Pre-drafting preparation and planning, the writing process (\u003cem\u003ethe 'A, B, C' framework and the Madman-Architect-Carpenter-Judge role model\u003c\/em\u003e) and finalisation, applied to grounds of appeal, statement of facts, condonation, affidavit, additional evidence, stay, and assessment- and appellate-stage submissions, closing with a structured framework for the responsible use of AI in drafting\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eChapter 6 | Worked Case Scenarios\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e — Fifteen scenarios with brief-facts panels, complete specimen submissions backed by statute and case-law, and the author's tactical notes, preceded by a working manual on case-law research, reading and citing an order, and the doctrines that determine precedential weight\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eChapter 7 | Allied e-Proceedings\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e — Consolidation of verification, valuation, jurisdiction, dispute resolution, escaping-assessment, advance rulings and rectification, maintaining the dual-statute comparative format and FAQ exposition used in Block I\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eChapter 8 | Alternative Remedies\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e — Remedies outside the faceless track in escalating order: E-Nivaran, email submissions, writ petitions, RTI applications, CPGRAMS, repetitive-appeal protection under section 375 (158A), immunity provisions, the Dispute Resolution Committee, the continuing role of jurisdictional authorities, and the High-Pitched Assessment Committee\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eAppendices\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — The five appendices reproduce the underlying source material in full so the book can be used as a self-contained reference\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"Only Padhai","offers":[{"title":"Default Title","offer_id":45482230775831,"sku":null,"price":1186.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0803\/5054\/3895\/files\/FacelessAssessmentAppeals_Penalty_Law_Procedure_PracticalGuide.png?v=1788434065"},{"product_id":"fema-fdi-ready-reckoner","title":"FEMA \u0026 FDI Ready Reckoner","description":"\u003cp\u003e\u003cem\u003e\u003cspan\u003eFEMA \u0026amp; FDI Ready Reckoner\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e is a comprehensive, topic-wise treatise that consolidates the entire law and practice of India's foreign exchange and foreign investment regime into a single, quick-reference volume of 55 chapters (\u003cem\u003eplus a supplementary Chapter 14A\u003c\/em\u003e), running through a Subject Index. It weaves together, subject by subject, the Foreign Exchange Management Act 1999 (FEMA) and its rules and regulations, the RBI's Master Directions and A.P. (DIR Series) circulars, the Non-Debt Instruments and Overseas Investment Rules\/Regulations, the consolidated FDI Policy, and the relevant judicial precedents—so that the reader gets the statutory provision, the regulator's operating instructions, and the case-law position on any given topic in one place.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThe book earns its 'Ready Reckoner' name through its structure: every subject is handled in a self-contained chapter organised with granular decimal paragraph numbering, letting a professional locate a precise point and act on it without wading through the bare Act. Explanations are in plain, application-oriented language and are anchored to their source through references to the governing sections, rules, regulations, Master Directions, and circulars.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThis Edition has been fully updated to reflect the law as it stands on 28\u003csup\u003eth\u003c\/sup\u003e June 2026, including the newly notified Foreign Exchange Management (Authorised Persons) Regulations 2026, together with the latest FDI policy positions and RBI regulatory changes. Twenty-five editions of continuous revision make it one of the most established and trusted desk references in the field.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThe book is written for anyone who has to understand, apply, or advise on cross-border transactions under Indian law, including:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eChartered Accountants, Company Secretaries, Cost Accountants, and Lawyers\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eadvising on FEMA\/FDI compliance, structuring, reporting, and litigation\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eAuthorised Dealer (AD) Banks, Forex Desks, and Treasury\/Trade-Finance Teams\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003ethat must operate within RBI directions day to day\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eCFOs, Finance Controllers, and In-house Legal\/Compliance Teams\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eof companies engaged in exports, imports, foreign investment, or overseas expansion\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eForeign Investors, FPIs, FVCIs, Private Equity\/Venture-Capital Funds, and MNCs\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003esetting up or operating in India (\u003cem\u003eincluding through branch, liaison, or project offices\u003c\/em\u003e)\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eIndian Entities Making Overseas Direct Investment (ODI)\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eand availing external commercial borrowings or trade credit\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eNRIs and OCIs\u003cspan\u003e \u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003edealing with bank accounts, investments, immovable property, and remittance of assets\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eStartups Raising Foreign Capital\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eand structuring cross-border ownership\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eCompliance and Reporting Officers\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eresponsible for RBI filings and returns\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eStudents, Academicians, and Professional-exam Candidates\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eneeding an organised, current grasp of FEMA and FDI\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Present Publication is the 25\u003csup\u003eth\u003c\/sup\u003e Edition | July 2026, amended up to 28\u003csup\u003eth\u003c\/sup\u003e June 2026. This book is authored by Taxmann's Editorial Board with the following noteworthy features:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e[\u003cstrong\u003eConsolidated, Single-source Treatment\u003c\/strong\u003e] Each topic brings together the statute, the applicable rules and regulations, the RBI Master Directions and A.P. (DIR Series) circulars, the FDI policy, and the relevant case law—sparing the reader from cross-referencing multiple sources\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eTrue Ready-reckoner Format\u003c\/strong\u003e] Self-contained chapters (\u003cem\u003enumbered 1–55, plus a Chapter 14A\u003c\/em\u003e) with granular decimal paragraph numbering make it fast to locate and resolve a specific FEMA\/FDI question\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eFully Updated\u003c\/strong\u003e] Incorporates the Foreign Exchange Management (Authorised Persons) Regulations 2026, the current FDI policy, and the latest RBI notifications\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eHeavily Practical Apparatus\u003c\/strong\u003e] The book is rich in step-by-step procedures, reporting forms and returns, formats, annexures, and worked examples\/illustrations—with several hundred pointers to RBI Master Directions and circulars threaded through the text\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003e'At A Glance' Sector Tables\u003c\/strong\u003e] Sector-wise FDI limits, entry routes, and conditions are tabulated and mapped to the schedules of the Non-Debt Instruments Rules and the paragraphs of the FDI policy for at-a-glance reference\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eCase Law Integrated Topic-wise\u003c\/strong\u003e] Supreme Court, High Court, and Tribunal decisions (\u003cem\u003ewith citations\u003c\/em\u003e) are placed alongside the provisions they interpret—especially on export realisation, offences, penalties, and compounding\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eAllied Laws in One Volume\u003c\/strong\u003e] Goes beyond FEMA to cover PMLA, FCRA, and COFEPOSA, plus the IFSC regime, giving a rounded view of India's cross-border compliance landscape\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eAnchored to the Source\u003c\/strong\u003e] Includes section, rule, regulation, Master Direction, and circular references throughout, plus a detailed Subject Index for pin-point navigation\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Reckoner covers the full spectrum of FEMA and FDI, organised into the following broad areas:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eFoundations and Dealings in Foreign Exchange\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eOverview of FEMA and the RBI's role as the overall controlling authority; suspension of the Act in extraordinary situations\u003c\/li\u003e\n\u003cli\u003eAuthorised Persons (\u003cem\u003eupdated for the 2026 Regulations\u003c\/em\u003e), money-changing activities, and the Money Transfer Service Scheme (MTSS)\u003c\/li\u003e\n\u003cli\u003eReceipt, payment, realisation, repatriation, and surrender of foreign exchange; the Asian Clearing Union (ACU) mechanism\u003c\/li\u003e\n\u003cli\u003ePossession\/retention and export\/import of currency; foreign exchange rates and inter-bank dealings\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eBank Accounts in Foreign Exchange\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eAccounts in India held by persons resident outside India (\u003cem\u003eNRO\/NRE\/FCNR-type accounts\u003c\/em\u003e)\u003c\/li\u003e\n\u003cli\u003eForeign-currency accounts of Indian residents\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eCurrent Account Transactions\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eRemittances on current account (\u003cem\u003epermissible\/restricted transactions\u003c\/em\u003e)\u003c\/li\u003e\n\u003cli\u003eLiberalised Remittance Scheme (LRS)\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eExport and Import of Goods and Services\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eExport of goods and services; import of goods and services; realisation and repatriation of export proceeds\u003c\/li\u003e\n\u003cli\u003eProject exports and service exports\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eCapital Account Transactions and Foreign Investment in India\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eOverview of capital account transactions\u003c\/li\u003e\n\u003cli\u003eFDI in Indian companies, LLPs, startups, and through GDRs\/ADRs\u003c\/li\u003e\n\u003cli\u003eSector-wise FDI policy 'at a glance'; downstream (\u003cem\u003eindirect\u003c\/em\u003e) investment\u003c\/li\u003e\n\u003cli\u003eFDI through rights, bonus, sweat equity, and merger\/amalgamation; transfer of securities; entry routes and pricing\u003c\/li\u003e\n\u003cli\u003eForeign Portfolio Investors (FPIs), investment vehicles, and FVCIs\u003c\/li\u003e\n\u003cli\u003eInvestment by NRIs\/OCIs and by foreign central banks and funds\u003c\/li\u003e\n\u003cli\u003eRelated reporting and returns—e.g., issue of capital instruments (\u003cem\u003eForm FC-GPR\u003c\/em\u003e), transfer of capital instruments (\u003cem\u003eForm FC-TRS\u003c\/em\u003e), and the Annual Return on Foreign Liabilities and Assets (\u003cem\u003eFLA\u003c\/em\u003e)\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eOverseas Investment, Borrowing, and Lending\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eOverseas (direct) investment by Indian entities and related guarantees; insurance\u003c\/li\u003e\n\u003cli\u003eBorrowing and lending in foreign exchange and in Indian rupees (\u003cem\u003eincluding with NRIs\/PIOs\u003c\/em\u003e)\u003c\/li\u003e\n\u003cli\u003eForeign investment in debt instruments\u003c\/li\u003e\n\u003cli\u003eExternal Commercial Borrowings (ECB) and trade credit\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eProperty, Remittances, and Establishments\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eAcquisition and transfer of immovable property in India and outside India\u003c\/li\u003e\n\u003cli\u003eRemittance of assets\u003c\/li\u003e\n\u003cli\u003eBranch office\/liaison office\/project office in India by foreign entities\u003c\/li\u003e\n\u003cli\u003eIndian Depository Receipts (IDRs); risk management and inter-bank dealings; Vostro accounts for international trade\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eEnforcement and Allied Laws\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eIndustrial policy of the Government of India\u003c\/li\u003e\n\u003cli\u003eEnforcement of FEMA—adjudication, penalties, appeals (\u003cem\u003eto the Appellate Tribunal\u003c\/em\u003e), and compounding of contraventions, illustrated with case law\u003c\/li\u003e\n\u003cli\u003ePrevention of Money Laundering Act (PMLA)\u003c\/li\u003e\n\u003cli\u003eForeign Contribution (Regulation) Act (FCRA)\u003c\/li\u003e\n\u003cli\u003eCOFEPOSA 1974\u003c\/li\u003e\n\u003cli\u003eInternational Financial Services Centre (IFSC)\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe book runs to 55 chapters (\u003cem\u003eplus a supplementary Chapter 14A\u003c\/em\u003e) followed by a Subject Index, moving logically from the general to the specific, and each chapter is built to stand alone:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eFoundational Chapters\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— Introduce FEMA, the RBI's controlling role, and the machinery of Authorised Persons and forex dealings\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eTransaction-based Chapters\u003cspan\u003e \u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e— Work through current account transactions (\u003cem\u003eremittances, LRS\u003c\/em\u003e) and the export\/import of goods and services, including realisation and repatriation\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eForeign-investment Chapters\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— The core FDI block (\u003cem\u003eroutes, sector caps, downstream investment, transfers, pricing, FPIs, FVCIs, and investment vehicles\u003c\/em\u003e), followed by outbound topics such as overseas investment, ECB, and trade credit\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eProperty, Establishment, and Market-infrastructure Chapters\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— Address immovable property, remittance of assets, branch\/LO\/project offices, IDRs, and inter-bank dealings\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eEnforcement and Allied-law Chapters\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— Close the book with penalties, appeals, compounding, and the connected regimes of PMLA, FCRA, COFEPOSA, and IFSC\u003c\/li\u003e\n\u003cli\u003eWithin each chapter, granular, decimal-numbered paragraphs blend the statutory text with the RBI's operating instructions, procedures, forms\/formats, and interpretive case law, while the Subject Index provides an additional route to pinpoint specific provisions\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"Only Padhai","offers":[{"title":"Default Title","offer_id":45482237132823,"sku":null,"price":1256.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0803\/5054\/3895\/files\/FEMA_FDIReadyReckoner.png?v=1788434694"},{"product_id":"fema-practice-manual","title":"FEMA Practice Manual","description":"\u003cp\u003e\u003cem\u003e\u003cspan\u003eFEMA Practice Manual\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e is a comprehensive, structured, and deeply practice-oriented guide to India's cross-border regulatory framework under the Foreign Exchange Management Act 1999 (FEMA). Every remittance abroad, every foreign investment into India, every overseas borrowing, and every acquisition of property outside the country creates a legal interface between domestic monetary sovereignty and the global financial system—and it is precisely this interface that the book sets out to map, explain, and make usable.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eWhat sets the manual apart is its integration of FEMA's statutory provisions with the layered universe of RBI rules, regulations, master directions, and circulars, and its connection of all of this to practical business transactions—explaining not only what the law requires but also why the regulator framed it that way and how it plays out in practice. Complex provisions are consistently analysed through diagnostic tables, worked examples, checklists, comparative charts, FAQs, and references to actual compounding orders, so the book works equally well as a conceptual text and as a transaction-side compliance companion.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThis Edition captures an unusually dense wave of recent reform—including the new Foreign Exchange Management (Guarantees) Regulations 2026, the Borrowing and Lending (First Amendment) Regulations 2026, the Non-Debt Instruments (Third Amendment) Rules 2026, the Authorised Persons Regulations 2026, revised Export and Import of Goods and Services Regulations 2026, the March-2026 liberalisation of FDI from land-bordering countries, and the latest position on the Overseas Investment (OI) regime.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThe manual is written to serve decision-makers, advisors, gatekeepers, and learners with equal authority:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eCorporate Leaders, CFOs, and Boards\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003estructuring inbound and outbound investments, who need clarity on regulatory intent, cross-border structuring options, beneficial-ownership tests, and sectoral liberalisation\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eLegal and Compliance Professionals—Chartered Accountants, Company Secretaries, Cost Accountants, and Lawyers\u003c\/em\u003e\u003c\/strong\u003e—who certify, advise on, and manage FEMA compliance and who value the book's provision-by-provision rigour and its worked precedents\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eBankers and Authorised Dealer (AD) Banks and Financial Institutions\u003c\/em\u003e\u003c\/strong\u003e, for whom this is an essential desk reference on permissible transactions, their own duties and liabilities, and reporting obligations\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eInvestors and Fund Managers—Private Equity, Venture Capital, Foreign Portfolio Investors (FPIs), Foreign Venture Capital Investors (FVCIs), and AIFs\u003c\/em\u003e\u003c\/strong\u003e—navigating entry routes, pricing, control tests, and exit\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eNRIs, OCIs, Foreign Nationals, and Foreign Companies\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003edealing with investments, bank accounts, immovable property, and repatriation\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eStudents and Academicians\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eseeking a rigorous yet readable text that pairs statutory understanding with genuine practical insight\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Present Publication is the 4\u003csup\u003eth\u003c\/sup\u003e Edition, amended upto 15\u003csup\u003eth\u003c\/sup\u003e July 2026. This book is authored by CA. Sudha G. Bhushan, with the following noteworthy features:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e[\u003cstrong\u003eIntegrated, Single-source Coverage\u003c\/strong\u003e] FEMA law, RBI rules, regulations, master directions, and practical implementation, all in one place\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eThe Rationale, Not Just the Rule\u003c\/strong\u003e] Surfaces regulatory intent, policy logic, and emerging trends, so readers can reason through novel situations rather than merely look up provisions\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eTransaction-linked Approach\u003c\/strong\u003e] Maps FEMA provisions onto real business transactions and structuring decisions\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eBalance-sheet Diagnostic\u003c\/strong\u003e] Rach item of a Schedule III balance sheet is classified by its character under FEMA and tied to the exact governing regulation, giving practitioners a fast, systematic way to spot every FEMA touch-point in an entity\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eComparative Tables for Hard Distinctions\u003c\/strong\u003e] FERA vs. FEMA; LO\/BO\/PO business forms; ODI vs. OPI (\u003cem\u003ewith a full listed\/unlisted × control × threshold categorisation matrix\u003c\/em\u003e); Press Note 3 (2020) vs. the 2026 amendment; and the 2000 vs. 2026 guarantee regimes\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eWorked Illustrations and Examples\u003c\/strong\u003e] Concrete fact patterns (\u003cem\u003ee.g., which non-resident individuals may now invest in listed Indian equity, or how financial commitment is computed\u003c\/em\u003e) that translate provisions into practice\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eFAQs, Checklists, and Standard Operating Procedures\u003c\/strong\u003e] Including an SOP for processing FDI proposals and FAQ sets on immovable property, the FLA return, SRVA\/INR settlement, compounding, and the LRS.\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eReal Enforcement Colour\u003c\/strong\u003e] references to actual compounding orders, 'popular cases of FEMA non-compliance,' and computation guidance, so readers understand how contraventions are viewed and priced.\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eCompliance Checkpoints and Reporting\u003c\/strong\u003e] Flagged throughout, with the relevant forms and filings (\u003cem\u003eFLA\/FLAIR, EBRC, IPI, Forms of Appeal, OI reporting\u003c\/em\u003e) explained\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eExtensive Annexures\u003c\/strong\u003e] reproducing key regulations, master directions, notifications, forms, SOPs, and press releases for ready reference\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eStructuring and Policy Insights\u003c\/strong\u003e] beneficial ownership, cross-border structuring, control and significant-influence tests, and sectoral liberalisation\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe manual is organised into eight thematic divisions spanning 57 chapters that together cover the full arc of foreign-exchange practice:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eFundamentals\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eThe FERA-to-FEMA journey, a section-wise analysis of the Act; current vs capital account transactions; residential status; the regulators (\u003cem\u003eRBI and Central Government\u003c\/em\u003e); currency and exchange (\u003cem\u003eincluding rupee internationalisation and INR trade settlement\u003c\/em\u003e); bank accounts; cash; and a balance-sheet framework for evaluating transactions\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eForeign Investment\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eThe heart of the book: governing regulations, FDI, entry routes and procedure, consideration and pricing, modes of investment, downstream investment, FPIs, investment in debt instruments, FDI in LLPs, FVCIs, liaison\/branch\/project offices, NRIs, REITs and InvITs, FDI in start-ups, and cross-border mergers and acquisitions\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eCross-border Assets\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eAcquisition and transfer of immovable property in India, and acquisition of immovable property outside India, including disclosure of foreign assets in the ITR and the treatment of undisclosed foreign holdings\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eBorrowings\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eTrade finance, borrowing and lending\/External Commercial Borrowings (ECB), acceptance of deposits, pledge of shares and creation of charge, the new Guarantees Regulations, 2026, and loans to foreign entities\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eIFSC\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eInvestment in and out of International Financial Services Centres, the IFSCA, and the associated regulatory framework\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eTrade Transactions\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eExport obligations, realisation and repatriation of proceeds, non-realisation and write-offs, types of exports, imports, and merchanting trade\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eContravention and Offence\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eContravention under FEMA, compounding, Late Submission Fees (LSF), penalty, appeal and adjudication, and the role of the Enforcement Directorate\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eOverseas Investment\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eThe OI regime end-to-end: definitions, framework, ODI\/OPI classification, investment by resident individuals under the LRS, investment by trusts\/societies\/AD banks, the role and responsibility of AD banks, exit and restructuring, OI by AIFs and VCFs, cross-border transactions in virtual currencies, and reporting\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eTo show the grain of the book, here are a few of its signature treatments:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eA Balance-sheet Way of 'Seeing' FEMA\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eIn the Fundamentals division, the author lays out a practical diagnostic: take a company's Schedule III balance sheet, and for each line—equity and preference capital, share premium, ESOP reserves, warrants, long-term borrowings, FCCBs\/FCEBs, trade credit, import payables, export advances, overseas tangible assets, ODI\/OPI holdings, downstream investments, loans to foreign entities—identify its character under FEMA and the precise governing regulation (\u003cem\u003eNDI Rules 2019, Borrowing \u0026amp; Lending Regulations as amended in 2026, Overseas Investment Rules\/Regulations\/Directions 2022, and so on\u003c\/em\u003e). It is a genuinely useful mental model for making sure no FEMA touch-point is missed\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eThe FERA-to-FEMA Shift, Made Concrete\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eRather than assert that FEMA 'civilised' exchange control, the book demonstrates it, with side-by-side tables comparing the two statutes on regulatory bodies, jurisdiction, presumption of mens rea, number of sections, quantum of penalty, appeal architecture, and even the express right (\u003cem\u003eunder section 32\u003c\/em\u003e) to be assisted by a legal practitioner or Chartered Accountant\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eFDI, at the Frontier of 2026 Policy\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eThe Foreign Direct Investment chapter carries the latest liberalisation in full: the Non-Debt Instruments (Third Amendment) Rules 2026 that open listed-equity investment on a repatriation basis to any individual resident outside India—illustrated with fact patterns (\u003cem\u003ea Tokyo resident, a Berlin entrepreneur, a Singapore resident\u003c\/em\u003e)—alongside the prohibited-sector list, the nationality-based carve-outs (\u003cem\u003ethe Government-route requirement for investors from Bangladesh and Pakistan, and the repatriation-basis route for Nepal and Bhutan\u003c\/em\u003e), and a detailed treatment of the March-2026 recalibration of Press Note 3 for land-bordering countries, complete with a PN3-2020-vs-2026 comparison\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eThe Brand-new Guarantees Regulations 2026, Decoded\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eThe book treats this new instrument as a case study in modern, principle-based drafting: it explains the five-pillar 'regulatory logic' (\u003cem\u003ea shift from who issues to what risk is created; alignment with capital-account philosophy; the 'invocation test'; harmonisation with the ECB\/ODI\/NDI frameworks; and delegation with accountability\u003c\/em\u003e), reproduces the statutory definitions (\u003cem\u003esurety, principal debtor, creditor, counter-guarantee, IFSC\u003c\/em\u003e) with explanatory notes, and works through the exemptions and the conditions on acting as surety or principal debtor\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eOverseas Investment, with the ODI\/OPI Line Drawn Clearly\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eThe OI division supplies the classification matrix practitioners actually need—listed vs. unlisted entity, above or below the 10% threshold, with or without control—plus the ESOP\/sweat-equity carve-out, the LRS (\u003cem\u003eUSD 2,50,000\u003c\/em\u003e) linkage for resident individuals, and a candid note on how AD banks now scrutinise 'control' and 'significant influence'\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eContravention, Compounding, and the Digital RBI\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eThe enforcement division goes past black-letter law to the mechanics: computation of the compounding amount under the 2024 Rules, popular non-compliance fact patterns, late-submission-fee logic, and the shift to online filing through the RBI's PRAVAAH portal\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe book follows a deliberate, layered architecture:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eProgressive by Design\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— Its eight divisions and 57 chapters are sequenced to build understanding step by step rather than dropping the reader into the detail.\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eA Logical Reading Sequence\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— Beginning with first principles (\u003cem\u003eresidential status, current vs. capital account transactions, the regulators\u003c\/em\u003e), moving through the major transaction families (\u003cem\u003eforeign investment, cross-border assets, borrowings, IFSC, trade\u003c\/em\u003e), then the consequences of getting it wrong (\u003cem\u003econtravention, compounding, penalties, and the Enforcement Directorate\u003c\/em\u003e), and finally the outbound story (\u003cem\u003eoverseas investment\u003c\/em\u003e)\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eA Consistent Chapter Rhythm\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— Within each chapter, the treatment typically moves from concept → statutory provision → underlying rationale → practical application → compliance and reporting, so a reader can both learn the subject and act on it\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003ePrimary Source Material at Hand\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— Many chapters are reinforced by annexures that reproduce the governing regulations, master directions, notifications, SOPs, forms, FAQs, and, where relevant, summaries of compounding orders\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eA Dual-use Design\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— This 'commentary-then-source-material' pattern lets the manual work simultaneously as a reading text for those building expertise and a quick-reference desk manual for practitioners who need the exact rule, form, or precedent at a moment's notice\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"Only Padhai","offers":[{"title":"Default Title","offer_id":45482246832151,"sku":null,"price":2306.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0803\/5054\/3895\/files\/FEMAPracticeManual.png?v=1788435562"},{"product_id":"gst-acts-with-rules-forms-notifications","title":"GST Acts with Rules | Forms \u0026 Notifications","description":"\u003cp\u003e\u003cem\u003e\u003cspan\u003eGST Acts with Rules\/Forms \u0026amp; Notifications\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e is the flagship single-volume, section-wise compendium of the complete statutory framework governing Goods and Services Tax in India. The publication consolidates the full annotated text of all four parent GST enactments—the Central Goods and Services Tax Act 2017, the Integrated Goods and Services Tax Act 2017, the Union Territory Goods and Services Tax Act 2017, and the Goods and Services Tax (Compensation to States) Act 2017—together with every rule, form, and notification required to interpret, administer, and comply with the law as it stands on the date of publication.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThe law stated in this Edition is as amended by the Finance Act, 2026 and incorporates the comprehensive 'Gen 2' rate restructuring effective from 22\u003csup\u003end\u003c\/sup\u003e September 2025 (\u003cem\u003eNil\/5%\/18%\/40% with special rates of 0.25% and 1.5%\u003c\/em\u003e), the abolition of the GST Compensation Cess with effect from 1\u003csup\u003est\u003c\/sup\u003e February 2026, and the parallel imposition of duties on tobacco and pan masala under the Central Excise (Amendment) Act 2025 and the Health Security se National Security Cess Act 2025. The volume is designed as a self-contained working reference: every section is annotated with pointers to the corresponding rule, form, notification, date of enforcement, and allied statutory provision, eliminating the need to consult multiple publications while drafting opinions, preparing returns, representing clients in adjudication or appeals, or advising on structural transactions.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThe volume is directed at practitioners and users who require the complete, unabridged statutory text—not a commentary or digest—in a single authoritative reference. The primary readership includes:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eChartered Accountants, Company Secretaries, and Cost and Management Accountants\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003ehandling GST compliance, litigation, and advisory engagements\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eAdvocates and Tax Counsel\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eappearing before Advance Ruling Authorities, Appellate Authorities, the GST Appellate Tribunal, High Courts, and the Supreme Court\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eIn-House Tax and Indirect Tax Teams\u003cspan\u003e \u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003eof corporates, MNCs, PSUs, and banks responsible for returns, audits, input tax credit management, and representation\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eOfficers of the Central Board of Indirect Taxes and Customs (CBIC) and State GST Departments\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eat adjudicating, appellate, and policy levels\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eAcademicians and Students\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003epreparing for CA (Final and Inter), CS, CMA, LLB, LLM, and professional certification examinations where the bare Act is prescribed reading\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eResearchers, Judicial Officers, and Members of Tribunals\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003erequiring a precise and current statutory source\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Present Publication is the 19\u003csup\u003eth\u003c\/sup\u003e Edition | 2026, as amended by the Finance Act 2026, incorporating the CGST (Fifth Amendment) Rules 2025 and all notifications issued to date. This book is edited by Taxmann’s Editorial Board and features the following noteworthy features:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e[\u003cstrong\u003eAnnotated Section-wise Architecture\u003c\/strong\u003e] Each section of the CGST, IGST, and UTGST Acts is followed by a consolidated annotation block identifying the relevant rule, prescribed form, notification, date of enforcement, and any allied law or corresponding provision\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eComplete Statutory Coverage\u003c\/strong\u003e] All four parent Acts, all rules made thereunder, all forms prescribed under the rules, and all subsisting notifications (\u003cem\u003eincluding rate notifications\u003c\/em\u003e) are consolidated in a single volume\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eFinance Act 2026 Amendments\u003c\/strong\u003e] Fully incorporated, including the proposed amendments to sections 15(3)(b), 34(1), 54(3), 54(14), and 101A of the CGST Act and section 13(2) of the IGST Act\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eGen 2 Rate Restructuring\u003c\/strong\u003e] Coverage of the rationalised rate structure effective from 22\u003csup\u003end\u003c\/sup\u003e\u003cspan\u003e \u003c\/span\u003eSeptember 2025 (N\u003cem\u003eil\/5%\/18%\/40% with special rates of 0.25% and 1.5%\u003c\/em\u003e) and the abolition of the GST Compensation Cess with effect from 1\u003csup\u003est\u003c\/sup\u003e\u003cspan\u003e \u003c\/span\u003eFebruary 2026\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eSpecial Regime for Tobacco Products\u003c\/strong\u003e] Dedicated treatment of pan masala, cigarettes, and specified tobacco products, covering retail-sale-price-based valuation under rule 31D, capacity-based levy under the Health Security se National Security Cess Act, 2025, enhanced NCCD rates, and restrictions on export on payment of IGST\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eSettlement of Funds Rules 2026\u003c\/strong\u003e] Inclusion of the newly notified Goods and Services Tax Settlement of Funds Rules 2026\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eCGST (Fifth Amendment) Rules 2025\u003c\/strong\u003e] Incorporation of the latest rule-level amendments and all consequential changes to forms and procedural provisions\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eGST Forms with Action Points\u003c\/strong\u003e] Forms indexed with 'Action Points' indicating the substantive compliance triggered by each prescribed form\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eGST Appellate Tribunal Framework\u003c\/strong\u003e] Full text of the GSTAT (Procedure) Rules 2025 and the GSTAT (Appointment and Conditions of Service) Rules 2023, together with the Tribunals Reforms Act 2021 and the Tribunal (Conditions of Service) Rules 2021\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eSubject-wise Index\u003c\/strong\u003e] Appended at the close of each Division to enable rapid section-level look-up by concept where the precise section number is not known\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eAppendix of Allied Statutory Provisions\u003c\/strong\u003e] Text of allied laws (\u003cem\u003eCustoms Act 1962; Central Excise Act 1944; Income-tax Act 1961; and others\u003c\/em\u003e) cross-referred to in the CGST Act, reproduced in full\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eValidation Provisions and Removal of Difficulties Order\u003c\/strong\u003e] Validation Provisions of each Act and the Central Goods and Services Tax (Removal of Difficulties) Order 2020 reproduced for completeness of the historical record\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eGuide to GST\u003c\/strong\u003e] Curated opening section summarising the legislative scheme, the rate structure, and the year-on-year amendments, enabling a rapid orientation before entering the statutory text\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe volume is organised into six divisions, each self-contained and independently navigable:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eDivision One — Central Goods and Services Tax Act 2017\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eArrangement of sections\u003c\/li\u003e\n\u003cli\u003eAnnotated text of every section of the CGST Act 2017\u003c\/li\u003e\n\u003cli\u003eCentral Goods and Services Tax (Removal of Difficulties) Order 2020\u003c\/li\u003e\n\u003cli\u003eAppendix reproducing the text of allied provisions referred to in the CGST Act\u003c\/li\u003e\n\u003cli\u003eValidation Provisions\u003c\/li\u003e\n\u003cli\u003eSubject Index\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eDivision Two — Integrated Goods and Services Tax Act 2017\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eArrangement of sections\u003c\/li\u003e\n\u003cli\u003eAnnotated text of the IGST Act 2017 (\u003cem\u003eincluding the amendment to section 13(2) governing place of supply in Intermediary services w.e.f. 1 April 2026\u003c\/em\u003e)\u003c\/li\u003e\n\u003cli\u003eValidation Provisions\u003c\/li\u003e\n\u003cli\u003eSubject Index\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eDivision Three — Union Territory Goods and Services Tax Act 2017\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eArrangement of sections\u003c\/li\u003e\n\u003cli\u003eAnnotated text of the UTGST Act 2017\u003c\/li\u003e\n\u003cli\u003eValidation Provisions\u003c\/li\u003e\n\u003cli\u003eSubject Index\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eDivision Four — Goods and Services Tax (Compensation to States) Act 2017\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eArrangement of sections\u003c\/li\u003e\n\u003cli\u003eText of the Compensation to States Act 2017 (\u003cem\u003ehistorical reference following abolition of the cess w.e.f. 1 February 2026\u003c\/em\u003e)\u003c\/li\u003e\n\u003cli\u003eSubject Index\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eDivision Five — Relevant Notifications\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eCGST Notifications\u003c\/li\u003e\n\u003cli\u003eIGST Notifications\u003c\/li\u003e\n\u003cli\u003eCGST (Rate) Notifications reflecting the Gen 2 rate structure (\u003cem\u003eNil\/5%\/18%\/40%\u003c\/em\u003e)\u003c\/li\u003e\n\u003cli\u003eIGST (Rate) Notifications\u003c\/li\u003e\n\u003cli\u003eCentral Excise (N.T.) Notifications relevant to the post-1\u003csup\u003est\u003c\/sup\u003e\u003cspan\u003e \u003c\/span\u003eFebruary 2026 tobacco regime\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eDivision Six — GST Rules and Forms\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eCentral Goods and Services Tax Rules 2017 (\u003cem\u003eas amended by the CGST (Fifth Amendment) Rules 2025\u003c\/em\u003e), together with all prescribed forms\u003c\/li\u003e\n\u003cli\u003eIntegrated Goods and Services Tax Rules 2017\u003c\/li\u003e\n\u003cli\u003eGoods and Services Tax Compensation Cess Rules 2017\u003c\/li\u003e\n\u003cli\u003eGoods and Services Tax (Period of Levy and Collection of Cess) Rules 2022\u003c\/li\u003e\n\u003cli\u003eUnion Territory GST Rules 2017 for Andaman \u0026amp; Nicobar Islands, Chandigarh, Dadra and Nagar Haveli, Daman and Diu, and Lakshadweep\u003c\/li\u003e\n\u003cli\u003eUnion Territory Goods and Services Tax (Ladakh) Rules 2024\u003c\/li\u003e\n\u003cli\u003eGoods and Services Tax Appellate Tribunal (Appointment and Conditions of Service of President and Members) Rules 2023\u003c\/li\u003e\n\u003cli\u003eGoods and Services Tax Appellate Tribunal (Procedure) Rules 2025\u003c\/li\u003e\n\u003cli\u003eGoods and Services Tax Appellate Tribunal (Recruitment, Salary and other Terms and Conditions of Service of Group ‘C’ Employees) Rules 2024\u003c\/li\u003e\n\u003cli\u003eGoods and Services Tax Settlement of Funds Rules 2026\u003c\/li\u003e\n\u003cli\u003eNational Anti-Profiteering Authority: Procedure and Methodology\u003c\/li\u003e\n\u003cli\u003eTribunals Reforms Act 2021 and Tribunal (Conditions of Service) Rules 2021\u003c\/li\u003e\n\u003cli\u003eList of Relevant Notifications\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe organising principle of the volume is the section-level annotation framework. Under each section of the CGST, IGST, and UTGST Acts, the reader is provided with a concise annotation block identifying, in sequence:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eRelevant Rule\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— The CGST\/IGST\/UTGST Rule giving effect to the section\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003ePrescribed Form\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— The specific form prescribed under the rules for any compliance, application, registration, return, refund, or appeal triggered by the section\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eRelevant Notifications\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— Including rate notifications and exemption notifications issued under the section\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eDate of Enforcement\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— Distinguishing parent provisions, substitutions, insertions, and proviso-level amendments\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eAllied Laws\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— Allied statutory provisions referred to in or relevant to the operation of the section (\u003cem\u003eCustoms Act 1962; Central Excise Act 1944; Income-tax Act 1961; Companies Act 2013; etc.\u003c\/em\u003e)\u003c\/li\u003e\n\u003cli\u003eThis design converts what is ordinarily a multi-step look-up exercise—section → rule → form → notification → effective date—into a single point of reference, allowing the user to assess the complete operative position on any statutory question without navigating across disconnected sources\u003c\/li\u003e\n\u003cli\u003eThe arrangement of sections at the start of each Division functions as a structural contents page, while the Subject Index at the close of each Division permits concept-level look-up where the precise section number is not known\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"Only Padhai","offers":[{"title":"Default Title","offer_id":45482279993367,"sku":null,"price":1396.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0803\/5054\/3895\/files\/GSTActswithRules-Forms_Notifications.png?v=1788437286"},{"product_id":"gst-e-way-bill","title":"GST E-Way Bill","description":"\u003cp\u003e\u003cem\u003e\u003cspan\u003eGST E-Way Bill\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e is a focused, end-to-end commentary, together with the four allied subjects that always accompany it in practice—tax invoice, delivery challan, bill of supply, and the GST treatment of goods transport services. This book sits at the intersection of indirect-tax law and field-level transport compliance. It begins from the statutory source and progressively works outward to portal mechanics on ewaybillgst.gov.in and the second portal ewaybill2.gst.gov.in, GSTN advisories, NIC instructions, CBI\u0026amp;C circulars, and the rich body of case law that has accumulated from the Supreme Court, the High Courts and the Appellate Authorities in the eight years since the regime took effect on 1-4-2018. The result is a single reference that answers, in sequence, the four questions a practitioner actually asks: when must I generate an e-way bill, how do I generate and keep it valid, what document set must accompany the goods, and what happens—legally and procedurally—when an officer stops the truck.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThe book is written for the readers who deal with the operational side of GST on the movement of goods, namely:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eTax Professionals — Chartered Accountants, Cost Accountants, Company Secretaries and GST Practitioners\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eadvising on transport, logistics, supply-chain and e-commerce compliance\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eAdvocates and Counsel\u003cspan\u003e \u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003ehandling detention, seizure, confiscation, MOV-series proceedings and writ matters before High Courts under sections 129 and 130\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eIn-House Indirect Tax, Finance, Dispatch and Logistics Teams\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eof manufacturers, traders, FMCG companies, e-commerce operators, courier agencies and goods transport agencies\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eTransporters, Freight Forwarders, Multimodal Operators, Registered Leaseholders of Railway Parcel Space, and Warehouse and Godown Operators\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eresponsible for in-transit documentation and Part-B updation\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eOfficers of the Central and State GST Departments\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eengaged in road checks, MOV-form proceedings, adjudication and post-detention auction and sale\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eFaculty and Post-Graduate Students\u003cspan\u003e \u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003eof professional and academic indirect-tax courses, where the law on movement of goods, valuation in transit and GTA taxation forms part of the syllabus\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Present Publication is the 14\u003csup\u003eth\u003c\/sup\u003e\u003cspan class=\"apple-converted-space\"\u003e \u003c\/span\u003eEdition | 2026, amended by the Finance Act 2026. This book is authored by V.S. Datey with the following noteworthy features:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e[\u003cstrong\u003eClause-by-Clause Rule Treatment\u003c\/strong\u003e] A clause-by-clause analysis of Rules 138, 138A, 138B, 138C, 138D, 138E and 138F of the CGST Rules, with each sub-rule and each of its provisos read alongside its statutory anchor in the CGST Act, so the reader sees the entire regulatory cascade in one place rather than chasing cross-references\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eInterpretive Layer Over the Rule Text\u003c\/strong\u003e] An interpretive layer over each rule—the author flags drafting infelicities, the practical impossibility of certain compliances (\u003cem\u003efor example, the rule that goods supplied by an unregistered person are deemed to be moved by the registered recipient even when the recipient does not yet know movement has commenced\u003c\/em\u003e), and the unresolved questions that field officers and assessees actually fight over\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eUnified FORM-Set Treatment\u003c\/strong\u003e] A unified treatment of the entire FORM-set—GST EWB-01 (\u003cem\u003eParts A and B\u003c\/em\u003e), the Part-A slip, EWB-02 (\u003cem\u003econsolidated\u003c\/em\u003e), EWB-03, EWB-04, EWB-05 (\u003cem\u003eunblocking application\u003c\/em\u003e), EWB-06 (\u003cem\u003ejurisdictional officer's order\u003c\/em\u003e), MOV-01 to MOV-11 (\u003cem\u003estatement of driver, inspection, detention, notice, order of demand, notice of confiscation and order of confiscation\u003c\/em\u003e), DRC-01\/01A, DRC-02, DRC-03, DRC-05, DRC-07 and DRC-12—with the legal hook for each form\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eUpdated Advisories, Instructions and Circulars\u003c\/strong\u003e] A continuously updated treatment of GSTN advisories, NIC instructions and CBI\u0026amp;C circulars\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eSelf-Contained Statute-cum-Rules Companion\u003c\/strong\u003e] Verbatim reproduction of the sections of the CGST Act and the entire text of the e-way bill rules in the appendix, so the book also functions as a self-contained statute-cum-rules companion for in-transit work\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eDetention, Confiscation and 'Highway Robbery' Jurisprudence\u003c\/strong\u003e] A separate chapter, supported by a dedicated case-law chapter, on detention, seizure, release, confiscation and the developing 'highway robbery' jurisprudence—including Hindustan Steel v. State of Orissa, Synergy Fertichem v. State of Gujarat, Kay Pan Fragrance, Satyam Shivam Papers, Shyam Sel, Halder Enterprises, Sahil Traders, Sanjay Sales Agency and the recent Allcargo Logistics decision quashing detention orders issued beyond the seven-day statutory window\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eStand-Alone GTA Commentary\u003c\/strong\u003e] A self-contained commentary on the law and rate structure of GTA service—the forward-charge option of 5% (without ITC) or 18% (with ITC) effective 22-9-2025, the reverse-charge mechanism for factories, societies, co-operative societies, registered persons, body corporates, partnership firms, LLPs and casual taxable persons, the consignment-note test for distinguishing a GTA from a goods-transport operator, the inclusion of free-issue diesel in value, and Annexures V and VI for opting in and out of forward charge\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eOfficial User Manuals Reproduced in Full\u003c\/strong\u003e] Full reproduction of the official user manuals—the Web System User Manual 2025, the Offline Tool 2018 for bulk uploading, the SMS Operations User Manual 2018 and the API\/site-to-site Integration User Manual 2017—so screen-level operational doubts can be resolved from the same volume\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eLatest Portal and Authentication Infrastructure\u003c\/strong\u003e] Coverage of the latest infrastructure-level changes—the second portal (\u003cem\u003eewaybill2.gst.gov.in\u003c\/em\u003e) effective 1-6-2024 with criss-cross operations between the two portals, mandatory multi-factor authentication for all taxpayers irrespective of AATO from 1-4-2025, OTP delivery via SMS, the Sandes app and the offline NIC-GST-Shield app, and the 180-day window from document date for generation\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eCross-System Integration\u003c\/strong\u003e] A dedicated section on the integration of the e-way bill system with FASTag, Vahan, the e-invoice\/IRN system, RFID and the Indian Railways Parcel Management System (PMS) and Freight Operation Information System (FOIS), and the consequences of these integrations for real-time tracking and fraud detection\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eOn the substantive law, procedure, and field-level practice, the book covers:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eArchitecture of the Regime\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eCommon portal and second portal, registration, enrolment, citizen mode, sub-user roles up to 10 per place of business, and bulk generation through JSON, Offline Tool, Mobile App, SMS, GSP and site-to-site API for high-volume taxpayers\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eThresholds and Valuation\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eThe ₹50,000 consignment-value rule under Rule 138(1), the optional aggregate-value rule under Rule 138(7), mandatory cases irrespective of value (\u003cem\u003ehandicrafts, inter-State job-work, intra-State gold and precious stones\u003c\/em\u003e), and RSP-based valuation for tobacco products effective 1-2-2026\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eGeneration Mechanics\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003ePart A and Part B, the 15-day window on Part-A upload, transporter ID, Part-A slip, multi-vehicle option, line sale, transporter-to-transporter assignment, e-commerce and courier authorisation, and the mandatory HSN-of-goods rule for job-work consignments\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eSpecial Transactions\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e'Bill to\/Ship to' and 'Bill from\/Dispatch from' patterns, multiple vehicles under one invoice, movement of new vehicles by driving, refusal of delivery by consignee, inter-State movement of conveyances for repairs, 'all goods on wheel' like cranes, and DTA-to-SEZ supplies\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eValidity and Extension\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e200 km\/day for normal cargo and 20 km\/day for ODC and ship-leg multimodal, midnight expiry rule, PIN-code auto-calculation with ±10% tolerance, the eight-hour pre-\/post-expiry extension window, and the 360-day extension cap\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eCancellation and Verification\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e24-hour cancellation window, bar on cancellation post-Rule 138B verification, and authenticity check via portal search or SMS code 'EWBVER \u0026lt;EWB_NO\u0026gt;' to 77382-99899\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eDocuments and Devices in Conveyance\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eInvoice\/bill of supply\/delivery challan, e-way bill physically or via RFID, the 20-9-2021 IRN-QR-code dispensation from carrying physical invoice, and RFID embedment for specified transporter classes\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eExemptions\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eThe Annexure to Rule 138(14), GST-exempt goods, State-notified intra-State exemptions, sold motor vehicles as used personal effects, empty cargo containers, and weighment movement within 20 km\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eBlocking and Unblocking under Rule 138E\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eTriggers (\u003cem\u003eGSTR-3B default for two periods, GSTR-1\/CMP-08 default, suspension or cancellation under Rule 21A or 21(2A)\u003c\/em\u003e), EWB-05 application, EWB-06 order with personal hearing, and continued validity of e-way bills already in transit\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eRoad Checks\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eInterception under section 68(3), MOV-01 to MOV-05 sequence, the 24-hour upload of physical verification report, the 30-minute transporter-grievance rule, and the distinction between detention, seizure and confiscation\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eSection 129 Penalty Regime (post 1-1-2022)\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e200% of tax where owner comes forward, 50% of value or 200% of tax (whichever higher) where owner does not, 2% of value or ₹25,000 (whichever lower) for exempted goods, ₹1 lakh for conveyance release, the 7+7-day notice and order timeline, the 15-day cure window, and de-linking from sections 73, 74 and 130\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eSection 130 Confiscation\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eThe five gateway grounds, redemption fine in lieu of confiscation, vesting in Government, natural justice requirement, and residual punishment under section 131\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eMinor-Mistake Circular of 14-9-2018\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eSix gateway situations (spelling, PIN code, address, document number, four\/six-digit HSN, vehicle number errors) attracting only ₹500 + ₹500 (₹1,000 IGST) under section 125 in lieu of section 129\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eSale of Detained Goods under Rule 144A\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eInventory, reserve price, e-auction, fresh auction in non-competitive bid cases, DRC-12 transfer, and stay on payment of 25% of penalty under section 107(6)—except for perishable or hazardous goods\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eTax Invoice Law\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eMeaning of removal under section 2(96), the sixteen particulars under Rule 46, revised invoice within one month of registration, supplementary invoice as debit note, invoice-cum-bill of supply, special Rule 54 invoicing for ISDs, banks, NBFCs, GTAs and passenger transportation, and consolidated daily invoice for B2C supplies below ₹200\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eE-Invoice and IRN\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eThe ten IRP portals (einvoice1 to einvoice10), turnover-threshold applicability, exempt categories (\u003cem\u003ebanks, insurance, NBFC, GTA, passenger transport, multiplex, government, SEZ unit, B2C, RCM self-invoice\u003c\/em\u003e), the Rule 46(s) declaration, GSTR-1 auto-population, and EWB or Part-A generation along with IRN\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eSpecial Invoicing Situations\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eContinuous supply under section 31(4), goods on approval within six months under section 31(7), SKD\/CKD or batch movement under Rule 55(5), removal preceding invoice under Rule 55(4), exports and SEZ supplies, and revised invoices for the pre-registration period\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eDelivery Challan under Rule 55\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eCircumstances of use (\u003cem\u003eliquid gas of unknown quantity, job work, transport for reasons other than supply, sale on approval, line sale, exhibition, own use, SKD\/CKD or lots\u003c\/em\u003e), triplicate requirement, contents and serial numbering, and pairing with tax invoice for sale-on-approval movements\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eBill of Supply under Rule 49\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eComposition dealers and exempted supplies, value-below-₹200 exemption, invoice-cum-bill of supply, prescribed contents, and acceptability of tax invoice or other-Act document in lieu\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eGST on Goods Transport Service\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eMultimodal at 5% with restricted ITC and 18% with at least one air leg (\u003cem\u003eeffective 22-9-2025\u003c\/em\u003e), other-than-multimodal at 18%, supporting services at 18% under heading 9967, toll exemption with post-1-1-2023 taxability of annuity, FASTag-default and overloading equivalence with toll, GTA forward charge at 5%\/18% with Annexures V and VI, reverse charge for factories\/societies\/registered persons\/body corporates\/firms\/LLPs\/CTPs, the consignment-note test, exemption for specified goods (\u003cem\u003eagricultural produce, milk, salt, food grain, organic manure, newspapers, relief material, defence equipment\u003c\/em\u003e) and for transit cargo to Nepal\/Bhutan, recipient ITC, FOR\/CIF freight treatment, post-1-10-2022 taxability of inward and outward ocean freight, vehicle hire to GTAs, and transport by rail, inland waterways, air, courier, postal and local delivery\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe book is organised into ten chapters grouped into two thematic blocks, followed by an extensive appendix section. Each chapter follows a uniform internal architecture—statutory text, departmental clarification, portal\/operational procedure, illustrative scenarios and case law where relevant.\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eBlock I — The E-Way Bill Compliance Lifecycle (Chapters 1 to 6)\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003ecovers the full compliance arc of the e-way bill, from triggering event through field enforcement and post-detention adjudication. The internal architecture of each chapter in this block consistently moves through:\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\n\u003cem\u003eStatutory Source and Form\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— The Act\/Rule provision creating the obligation and the corresponding prescribed Form\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003ePortal Procedure\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Part A, Part B, validity, extension and cancellation on the common portal\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eCarve-outs and Exemptions\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— State-specific positions and the goods-list under the Annexure to Rule 138(14)\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eField-Level Enforcement\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Interception, the MOV-form sequence, physical verification timelines, and the transporter-grievance mechanism\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eAdjudication Cascade\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Penalty, detention, seizure, release, sale and confiscation under sections 129 and 130, with judicial elaboration\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eBlock II — Documents in Transit and the Taxation of Transport Services (Chapters 7 to 10)\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003ecovers the documents that must accompany goods in transit and the GST treatment of the underlying transport service. The internal architecture of each chapter in this block consistently moves through:\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\n\u003cem\u003eLegal Status of Each Document\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Tax invoice, delivery challan and bill of supply, and the situations in which each is to be issued\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eMandatory Particulars\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Contents, signatures, copies, QR-code, e-invoice\/IRN and HSN\/SAC requirements\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eSpecial Situations\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Continuous supply, sale on approval, knocked-down or batch consignments, exports, SEZ supplies and pre-registration sales\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eTransport Service Taxation\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Classification, exemption and rate structure across road, rail, vessel, air and multimodal channels\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eRCM, ITC and GTA Option\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Reverse-charge mechanism, ITC entitlement, and Annexure V\/VI declarations for the GTA forward-charge option\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eAppendices\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eform a sizeable operational annexure to the book and reproduce, for ready reference, the relevant sections of the CGST Act, the full text of the e-way bill rules (Rules 138 to 138F), the lists of exempted goods, the Department of Atomic Energy and CSD-specific exemptions, the consolidated text of Notification 09\/2018-Central Tax (Electronic Way Bill), the portal FAQs across all functional categories, the User Manuals for the Web system (2025), the Offline Tool, SMS operations and API\/site-to-site integration, State Government notifications granting intra-State exemptions, the procedure for road checks with all MOV-form templates, the godown-storage clarification, the ₹1,000 nominal-penalty notification, the common enrolment notification for transporters, the multi-vehicle option notification, and the JSON schema and attributes for bulk generation\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"Only Padhai","offers":[{"title":"Default Title","offer_id":45482300571671,"sku":null,"price":766.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0803\/5054\/3895\/files\/GSTE-WayBill.png?v=1788437897"},{"product_id":"gst-law-practice-pocket","title":"GST Law \u0026 Practice | POCKET","description":"\u003cp\u003e\u003cem\u003eGST Law \u0026amp; Practice [POCKET Edition]\u003c\/em\u003e\u003cspan\u003e—A Compendium of CGST\/IGST Acts along with Relevant Rules\/Circulars\/Notifications \u0026amp; Case Laws is a single-volume, provision-centric compendium of the Goods and Services Tax law in India. It is designed not as a bare-act reprint but as a working reference in which every operative section of the CGST and IGST Acts is read together with the delegated legislation, administrative clarifications, and judicial precedent that give it meaning. Each section is immediately followed by the relevant rules, a gist of applicable notifications and circulars, and a curated digest of case law, so that the reader can move from statute to interpretation on the same page.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThe 8\u003csup\u003eth\u003c\/sup\u003e Edition incorporates all amendments brought in by the Finance Act 2026 and reflects the regulatory and judicial developments up to the date of publication.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThis is the Pocket Edition of the principal volume. It delivers the complete content—every operative section, the relevant Rules reproduced in full, the section-wise gist of notifications and circulars, and the curated case-law digest—in a compact, portable trim sized for daily carry. It is intended as a carry-anywhere companion for use before adjudicating and appellate authorities, the GST Appellate Tribunal, in client and audit engagements, and on travel, where the standard volume is impractical to transport.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThe book is intended as a daily-use reference for professionals and institutions engaged with GST:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eChartered Accountants, Cost Accountants, Company Secretaries, and Advocates\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003epractising in GST advisory, compliance, audit, and litigation\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eIn-House Indirect-Tax Teams of Corporates, Multinationals and PSUs\u003c\/em\u003e\u003c\/strong\u003e—GST heads, indirect-tax controllers, finance and commercial managers\u003c\/li\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eOfficers of the Central and State GST administrations, DGGI, and CBIC\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eMembers and Counsel\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eappearing before Adjudicating Authorities, Appellate Authorities, the GST Appellate Tribunal, High Courts, and the Supreme Court\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eAcademicians, Researchers, and Candidates\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003epreparing for the CA, CS, CMA, LL.B., and LL.M. examinations where GST is a core paper\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Present Publication is the 8\u003csup\u003eth\u003c\/sup\u003e Edition, amended by the Finance Act 2026. This book is edited by CA. (Dr) Arpit Halida, with the following noteworthy features:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e[\u003cstrong\u003eThree-Layer Treatment Applied to Every Section\u003c\/strong\u003e] The book's defining feature is the uniform three-layer presentation given to every operative provision:\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\n\u003cem\u003eStatutory Layer\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— The annotated text of the section, with a dense footnote apparatus that traces every substitution, insertion, and omission to the specific Finance Act, Amendment Act, Removal of Difficulties Order, or notification that effected it, along with the effective date and the pre-amendment text preserved\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eRegulatory Layer\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— The relevant rules from the CGST Rules 2017 are reproduced in full under the parent section, each rule carrying its own layered footnote history. A gist of applicable notifications follows, keyed to the provision\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eJudicial Layer\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— A curated digest of relevant case law is placed under the section, with ratios reported in sufficient substantive detail, citations, and explicit flagging of contrary decisions\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e[\u003cstrong\u003eCirculars Updated Through Late 2025\u003c\/strong\u003e] The gist of CBIC circulars runs through Circular No. 254\/11\/2025-GST, dated 27-10-2025, covering landmark recent clarifications including:\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eCircular 251\/08\/2025 on post-sale discounts and financial\/commercial credit notes\u003c\/li\u003e\n\u003cli\u003eCircular 253\/10\/2025 on the withdrawal of Circular No. 212\/6\/2024-GST\u003c\/li\u003e\n\u003cli\u003eCircular 252\/09\/2025 on the Document Identification Number (DIN) requirement\u003c\/li\u003e\n\u003cli\u003eCircular 250\/07\/2025 on reviewing, revisional, and appellate authorities for Common Adjudicating Authority (CAA) orders\u003c\/li\u003e\n\u003cli\u003eCircular 249\/06\/2025 on the generation and quoting of DIN on CBIC communications\u003c\/li\u003e\n\u003cli\u003eCircular 248\/05\/2025 on eligibility for Section 128A benefit where tax was paid through FORM GSTR-3B\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e[\u003cstrong\u003eComprehensive Amendment Tracking\u003c\/strong\u003e] Every legislative change up to and including the Finance Act 2026 is integrated into the statutory text of the CGST, IGST, and UTGST Acts. The annotation format preserves the complete amendment history for each provision—the amending instrument, the effective date, and the pre-amendment text—enabling the reader to reconstruct the law as it stood on any prior date, a frequent need in assessment, audit, and litigation work involving past tax periods\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe coverage of the book is as follows:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eDivision One — Central Goods and Services Tax Act 2017\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eThe principal Division is a complete, section-wise treatment of the CGST Act 2017—Chapter I (Preliminary) through Chapter XXI (Miscellaneous)\u003c\/li\u003e\n\u003cli\u003eThe Division also provides, as continuous annexures:\u003c\/li\u003e\n\u003cul type=\"square\"\u003e\n\u003cli\u003eSchedules I, II, and III to the CGST Act\u003c\/li\u003e\n\u003cli\u003eRemoval of Difficulties Orders — First through Tenth Orders of 2019, together with the 2020 and 2023 Orders, reproduced in full\u003c\/li\u003e\n\u003cli\u003eText of Provisions of Allied Acts referred to in the CGST Act—including relevant extracts from the Cantonments Act 2006; the Chartered Accountants Act 1949; the Cost and Works Accountants Act 1959; the Information Technology Act 2000; the Real Estate (Regulation and Development) Act 2016; the Customs Tariff Act 1975; the Constitution of India (Article 279A); and other allied statutes referred to in definitions and operative sections\u003c\/li\u003e\n\u003cli\u003eValidation Provisions—a consolidated compilation\u003c\/li\u003e\n\u003cli\u003eSubject Index—detailed index keyed to the CGST Act\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eDivision Two — Integrated Goods and Services Tax Act 2017\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eA complete, section-wise annotated treatment of the IGST Act 2017, covering the full place-of-supply regime (\u003cem\u003edomestic and cross-border, including the special rules for online money gaming and online information services\u003c\/em\u003e), zero-rated supplies, apportionment of tax, refund of IGST on exports, and validation provisions\u003c\/li\u003e\n\u003cli\u003eThe Division follows the same three-layer structure used in Division One, with a section-wise gist of circulars and case law, including post-2024 rulings such as the Delhi High Court's judgment in Interglobe Aviation Ltd. on the constitutionality of additional duty on re-imported aircraft parts\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eDivision Three — Miscellaneous\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eUnion Territory Goods and Services Tax Act 2017—annotated section-wise\u003c\/li\u003e\n\u003cli\u003eGoods and Services Tax (Period of Levy and Collection of Cess) Rules 2022\u003c\/li\u003e\n\u003cli\u003eNational Anti-Profiteering Authority : Procedure and Methodology\u003c\/li\u003e\n\u003cli\u003eGoods and Services Tax Appellate Tribunal (Procedure) Rules 2025—the new procedural code for institution of appeals, registry functions, cause lists, interlocutory applications, and hearings before the GSTAT Principal and State Benches, reproduced in full\u003c\/li\u003e\n\u003cli\u003eGoods and Services Tax Settlement of Funds Rules 2026—notified by GSR 225(E), dated 30-3-2026, in supersession of the 2017 Rules (\u003cem\u003edeemed effective from 1 April 2025\u003c\/em\u003e), covering cross-utilisation reports, Form GST STL-1 series, apportionment of IGST, and settlement between Centre and States\u003c\/li\u003e\n\u003cli\u003eList of CGST Forms—complete catalogue of every statutory form under the CGST Rules, organised by function (\u003cem\u003eRegistration, ITC, Enrolment, Returns, GST Practitioner, Payment of Tax, Refunds, Assessment, Audit, Advance Ruling, Appeals and Revision, Transitional Provisions, Inspection and Search, Demands and Recovery, Compounding, E-Way Bill\u003c\/em\u003e)\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eReference Apparatus\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eList of Notifications—consolidated table of CGST and IGST notifications with description and page reference\u003c\/li\u003e\n\u003cli\u003eList of Circulars \u0026amp; Clarifications—with subject description and precise page reference, running through Circular No. 254\/11\/2025-GST, dated 27-10-2025\u003c\/li\u003e\n\u003cli\u003eArrangement of Sections and Arrangement of Rules at the opening of each Division\u003c\/li\u003e\n\u003cli\u003eSubject Index for both the CGST and IGST Divisions\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe book is organised into three Divisions, each self-contained with its own pagination:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eDivision One\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— CGST Act, Rules, Circulars, Case Law, Schedules, Removal of Difficulties Orders, Allied Acts, Validation, Subject Index\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eDivision Two\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— IGST Act, Rules, Circulars, Case Law, Validation, Subject Index\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eDivision Three\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— UTGST Act, GST Cess Rules 2022, Anti-Profiteering Procedure, GSTAT Procedure Rules 2025, GST Settlement of Funds Rules 2026, CGST Forms\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eConsolidated Lists of Notifications and Circulars\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eat the end serve as a master navigation table cross-referencing every notification and circular to the exact page where its gist and application are discussed within the body text\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"Only Padhai","offers":[{"title":"Default Title","offer_id":45482387832855,"sku":null,"price":836.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0803\/5054\/3895\/files\/GSTLaw_Practice-POCKET-VirtualBook.png?v=1788438665"},{"product_id":"gst-on-works-contract-real-estate-transactions","title":"GST on Works Contract \u0026 Real Estate Transactions","description":"\u003cp\u003e\u003cem\u003e\u003cspan\u003eGST on Works Contract \u0026amp; Real Estate Transactions \u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003eis a focused commentary on the application of GST to two of the most complex and litigation-prone sectors under the Indian indirect tax regime—works contracts and real estate transactions. It bridges the foundational machinery of GST (\u003cem\u003esupply, classification, valuation, input tax credit, place and time of supply, reverse charge\u003c\/em\u003e) with the sector-specific provisions governing residential and commercial apartments, transfer of development rights, FSI, long-term leases, joint development arrangements, leasing and renting of immovable property, and government-related activities.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThis Edition incorporates the abolition of GST Compensation Cess on goods and services with effect from 1\u003csup\u003est\u003c\/sup\u003e February 2026, the Input Service Distributor regime mandatory from 1\u003csup\u003est\u003c\/sup\u003e April 2025, and the post-18 July 2022 rate position on works contract services.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThis book is intended for the following audience:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eChartered Accountants, Cost Accountants, Company Secretaries, and Advocates\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003ehandling GST advisory, compliance, litigation, and audit in the construction and real estate sectors\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eIn-house Finance and Tax Teams\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eof real estate developers, EPC contractors, infrastructure companies, builders, and promoters\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eGovernment and PSU Procurement and Finance Functions\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003edealing with works contracts awarded by or to public authorities\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eJudicial Members and Tribunal Counsel\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eengaged in adjudication, advance ruling, and appellate matters concerning real estate and works contract disputes\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eAcademicians and Advanced Students of Indirect Taxation\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eseeking sector-specific application of GST principles\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Present Publication is the 11\u003csup\u003eth\u003c\/sup\u003e\u003cspan class=\"apple-converted-space\"\u003e \u003c\/span\u003eEdition | 2026, amended by the Finance Act 2026. It is authored by V.S. Datey with the following noteworthy features:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e[\u003cstrong\u003eFinance Act 2026 Amendments\u003c\/strong\u003e] Fully incorporated, including the abolition of GST Compensation Cess w.e.f. 1\u003csup\u003est\u003c\/sup\u003e\u003cspan\u003e \u003c\/span\u003eFebruary 2026\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eTwo-Part Architecture\u003c\/strong\u003e] Part I lays the foundational GST machinery; Part II applies it sector-specifically to works contracts and real estate\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eComplete Real Estate Regime\u003c\/strong\u003e] Post-1 April 2019 framework for residential and commercial apartments, the 1%\/5% rate option, RREP vs REP distinction, affordable residential apartments, ongoing project transition, and valuation when consideration includes land\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eJoint Development Agreements, TDR \u0026amp; FSI\u003c\/strong\u003e] Reverse charge on promoters, exemption for development rights used in residential apartments sold before completion, treatment of pre-31\u003csup\u003est\u003c\/sup\u003e\u003cspan\u003e \u003c\/span\u003eMarch 2019 transfers, valuation of construction service against development rights, area-sharing arrangements, and accommodation given to existing tenants during transition\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eWorks Contract Services\u003c\/strong\u003e] Distinction between construction service and works contract service, withdrawal of the 12% concessional rate w.e.f. 18\u003csup\u003eth\u003c\/sup\u003e\u003cspan\u003e \u003c\/span\u003eJuly 2022, surviving concessional entries for specified infrastructure works, sub-contractor eligibility, and DBOT\/HAM road contracts\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eServices to and by Government\u003c\/strong\u003e] Pure services to Government, exempt and concessional services to and by local authorities and Union Territories, and reverse charge on renting of immovable property by Government\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eInput Tax Credit\u003c\/strong\u003e] Manner of taking ITC, blocked credit, proportionate ITC for taxable and exempt supplies, ITC on capital goods, special provisions for banks\/FIs\/NBFCs, and the new ISD regime mandatory from 1\u003csup\u003est\u003c\/sup\u003e\u003cspan\u003e \u003c\/span\u003eApril 2025\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eValuation Issues\u003c\/strong\u003e] Transaction value, deemed land value of one-third, prime location and development charges, related-party valuation, cost-plus and residual methods\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eNumerical Illustrations\u003c\/strong\u003e] Worked-out computations for ITC apportionment in REP and RREP, reverse charge under Section 9(4), and time-of-supply scenarios for promoters and landowners\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eStatutory \u0026amp; Case Law Anchoring\u003c\/strong\u003e] Each issue mapped to the underlying section, rule, notification, or circular, with integrated AAR, AAAR, CESTAT, High Court, and Supreme Court rulings\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe coverage of the book is as follows:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eA Complete Guide to GST on Real Estate Transactions \u0026amp; Works Contract\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eFoundational provisions and sector-specific application across twenty chapters\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eIssues Pertaining to Projects\/TDR\/Development Rights\/FSI\/Leasing\/Renting\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eIncluding joint development agreements, area-sharing models, sale of apartments by landowner-promoter, and pooling of land parcels\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eServices To and By Government\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003ePublic administration services, exempt and concessional services, reverse charge on Central\/State\/UT and local authority renting\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eInput Tax Credit\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eAcross four chapters covering manner of taking ITC, blocked credits, proportionate ITC, ITC on capital goods, and the post-1\u003csup\u003est\u003c\/sup\u003e\u003cspan\u003e \u003c\/span\u003eApril 2025 ISD regime\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eValuation Issues\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eTransaction value, deemed land value, valuation of free apartments to landowners, related-party valuation, and cost-plus method\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eProcedural Compliance\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eRegistration, invoicing, returns (\u003cem\u003eGSTR-1, GSTR-3B, annual returns\u003c\/em\u003e), payment of tax, e-way bills, road checks, anti-profiteering, GST TDS, and advance ruling\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe book is organised into two Parts and twenty chapters, supported by fifteen Appendices.\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003ePart I — Basics of GST (Chapters 1 to 14)\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003elays the foundational machinery—background and rates, taxable event and supply, classification, valuation, the full ITC framework across four chapters, ISD, place and time of supply, reverse charge, procedures, e-way bill, and miscellaneous issues including anti-profiteering, GST TDS, and advance ruling\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003ePart II — Taxability of Works Contracts and Real Estate Transactions (Chapters 15 to 20)\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eapplies this machinery sector-specifically—transactions relating to real estate, real estate services for residential and commercial apartments, TDR\/FSI\/upfront long-term lease amounts, leasing and renting of real estate, construction and works contract services, and government-related activities.\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eAppendices I to XV\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003ereproduce the relevant CGST and IGST sections, CGST Rules, key extracts from Notifications 11\/2017 and 12\/2017—Central Tax (Rate), worked-out ITC computations for REP and RREP, reverse charge calculation under Section 9(4), declarations for ongoing projects, summary tables on reverse charge and time of supply for promoters and landowners, and consolidated CBIC clarifications on real estate projects (\u003cem\u003eParts I and II\u003c\/em\u003e)\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"Only Padhai","offers":[{"title":"Default Title","offer_id":45482457595927,"sku":null,"price":1186.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0803\/5054\/3895\/files\/GSTonWorksContract_RealEstateTransactions.png?v=1788439335"},{"product_id":"guide-to-anti-paper-leak-law","title":"Guide to Anti Paper Leak Law","description":"\u003cp\u003e\u003cem\u003e\u003cspan\u003eGuide to Anti Paper Leak Law\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e is a section-wise commentary on India's dedicated central legislation against examination malpractice—the Public Examinations (Prevention of Unfair Means) Act 2024—presented in its fully amended form following the Amendment Act of 2026. The book reproduces each section in its currently amended text and follows it with a structured analytical commentary supported by judicial precedents, covering the ingredients of every offence, its classification, the punishment attracted, the statutory duty to report, and the provision's interaction with the Bharatiya Nyaya Sanhita 2023, the Bharatiya Nagarik Suraksha Sanhita 2023 and the Bharatiya Sakshya Adhiniyam 2023.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eSince the Act has yet to generate a substantial body of case law of its own, the commentary draws extensively on settled jurisprudence from cognate special statutes and the general criminal law, applying it to provisions no court has yet had occasion to construe. The volume is self-contained: every instrument the commentary cross-refers to—the amending Act, the Rules with their prescribed forms, the Statement of Objects and Reasons, the Criminal Law (Amendment) Ordinance 1944, and the allied definitional provisions—is reproduced in the appendices.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThis book is intended for the following audience:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eAdvocates \u0026amp; Criminal Law Practitioners\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e—appearing in prosecutions and defences under the Act, including before the newly designated Special Fast Track Courts and in bail and appeal matters before the High Court\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eSpecial Public Prosecutors \u0026amp; Public Prosecutors\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e—appointed for Special Fast Track Courts under the Act read with the Bharatiya Nagarik Suraksha Sanhita 2023\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eJudges \u0026amp; Judicial Officers\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e—of Courts of Session designated as Special Fast Track Courts, and High Court Benches hearing appeals under the Act\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eInvestigating Officers\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e—of and above the rank of Deputy Superintendent of Police or Assistant Commissioner of Police, officers of Central Investigating Agencies, and members of any Special Task Force constituted by the Central Government\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003ePublic Examination Authorities\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e—UPSC, Staff Selection Commission, Railway Recruitment Boards, IBPS, the National Testing Agency and the Ministries and Departments of the Central Government, along with their legal, vigilance and examination-conduct wings\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eService Providers \u0026amp; Examination Vendors\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e—together with their Directors, Senior Management, in-charge personnel, compliance officers and in-house counsel\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eCentre Coordinators, Regional Officers \u0026amp; Venue In-charges\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e—who carry statutory reporting obligations under the Rules\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eState Governments \u0026amp; Union Territory Administrations\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e—designating Special Fast Track Courts, appointing Special Public Prosecutors, and framing State-level legislation on the model of the Act\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eAcademicians, Research Scholars \u0026amp; Students\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e—of criminal law, education law and public administration, and candidates preparing for competitive and judicial services examinations\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Present Publication is the 2026 Edition, amended by the Public Examinations (Prevention of Unfair Means) Amendment Act 2026 [\u003cem\u003eAct No. 10 of 2026\u003c\/em\u003e] with effect from 31-7-2026. The law stated in this book is as updated till 31\u003csup\u003est\u003c\/sup\u003e July 2026. This book is authored by Advocate Rahul Kandharkar, with the following noteworthy features:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eAmended \u0026amp; Updated\u003c\/strong\u003e] Every section is reproduced in its currently amended text, incorporating all amendments made by the 2026 Amendment Act to Sections 10, 11 and 12 and the newly inserted Sections 12A and 12B\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eIntegrated Amendment Tracking\u003c\/strong\u003e] Amended words appear in italics within editorial brackets, footnoted on the same page with the exact language they replaced, the amending Act and the effective date—enabling the book to be used for offences committed both before and after 31-7-2026, since the enhanced punishments operate only prospectively\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eSection-wise Commentary\u003c\/strong\u003e] Each section is followed by a boxed 'Comments' apparatus containing decimal-numbered Section Notes running to three levels of depth, with sub-headings framed as the questions a practitioner would ask of the provision\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eBacked by Judicial Precedents\u003c\/strong\u003e] 216 numbered footnotes citing over 200 judicial decisions with full parallel citations, extending from the Privy Council and the earliest Supreme Court benches to judgments reported in 2026\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eReady Reckoner\u003c\/strong\u003e] A 27-question 'An Overview' primer at the front of the book, answering the core questions on the Act in plain language\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eRules of Interpretation\u003c\/strong\u003e] A dedicated treatment of the canons of construction applicable to a new penal statute—plain meaning, strict construction of penal provisions, and the evidentiary limits of the Statement of Objects and Reasons and the Preamble\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eExhaustive Treatment of Definitions\u003c\/strong\u003e] The commentary on Section 2 extends to 48 pages, analysing each defined term separately, with detailed treatment of 'organised crime', 'conspiracy', 'wrongful gain', 'notification' and 'person associated with a service provider'\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eTabular Presentation\u003c\/strong\u003e] Including a table mapping every expression used but not defined in the Act to its source definition in the General Clauses Act 1897, the Indian Contract Act 1872, the Companies Act 2013, the Bharatiya Nyaya Sanhita 2023 and the Bharatiya Nagarik Suraksha Sanhita 2023, and an agency-wise table of the statutory investigation deadlines\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eCritical Analysis\u003c\/strong\u003e] The author identifies drafting infirmities in the amended provisions, including the dilution of the appeal time-limit, a defined term that finds no use in any operative provision, and the absence of any enabling provision for phased commencement\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eSelf-contained\u003c\/strong\u003e] Six appendices reproducing the amending Act, the Public Examinations (Prevention of Unfair Means) Rules 2024 with Forms 1 and 2, the Statement of Objects and Reasons, the Criminal Law (Amendment) Ordinance 1944, Section 112 of the Bharatiya Nyaya Sanhita 2023, and the allied provisions of the Information Technology Act 2000, the Companies Act 2013 and the Limited Liability Partnership Act 2008\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eSubject Index\u003c\/strong\u003e] A concept-wise index with pinpoint section references, supported by running heads carrying the section number, chapter name and Act name\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe coverage of the book is as follows:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChapter I | Preliminary — Sections 1 \u0026amp; 2\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eThe largest segment of the commentary, at 61 pages. The commentary on Section 1 covers the assent and enforcement history of the Act, the aims and objects drawn from the Statement of Objects and Reasons, a clause-by-clause account of the amendments made by the 2026 Amendment Act, and an extended treatment of the rules of statutory interpretation applicable to a new penal statute. The commentary on Section 2 extends to 48 pages—nearly half the entire commentary—analysing each defined term in a separate titled block, with the most detailed treatment reserved for organised crime, conspiracy, wrongful gain, notification and person associated with a service provider, and closing with a table mapping every expression used but not defined in the Act to its source definition in five other statutes\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChapter II | Unfair Means and Offences — Sections 3 to 8\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eCommentary on the six offence-creating provisions, each analysed to a uniform template covering the ingredients of the offence, the punishment attracted, its classification as cognizable, non-bailable and non-compoundable, its status as a Scheduled offence under the Criminal Law (Amendment) Ordinance 1944, and the resulting exposure to attachment and forfeiture of property. Includes the analysis of the two limbs of the definition of unfair means and the fifteen illustrative acts enumerated in Section 3, and of the statutory duty to report\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChapter III | Punishment for Offences — Sections 9 to 11\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eCommentary on the classification of offences and on the sentencing regime as enhanced by the 2026 Amendment Act, covering the position of candidates outside the penal purview of the Act, the additional and cumulative liability of service providers, the personal liability of Directors and Senior Management, the statutory due-diligence defence, and the attachment and forfeiture of institutional property in cases of organised crime. Supported by an extended treatment of the duty to register an FIR and of the law on compounding and quashing under the Bharatiya Nagarik Suraksha Sanhita 2023\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChapter IV | Inquiry and Investigation — Sections 12, 12A \u0026amp; 12B\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eThe commentary on the two newly inserted sections, and the book's principal claim to currency. Covers the agencies competent to investigate and the consequences of investigation by an officer who is not; the statutory investigation deadlines, tabulated agency-wise with the trigger date for each; the designation, jurisdiction and day-to-day trial obligations of Special Fast Track Courts, examined against the Special Court jurisprudence developed under other special legislation; the transfer of pending trials; the appointment, eligibility and independence of Special Public Prosecutors; and the new appeal mechanism, including the limitation period and the law on sufficient cause\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChapter V | Miscellaneous — Sections 13 to 18\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eCommentary on public-servant status and the requirement of sanction; on the protection for action taken in good faith, including the divergence between the test under the Bharatiya Nyaya Sanhita 2023 and that under the General Clauses Act 1897; on the Act's operation in addition to and in override of other laws; and on the limits of the rule-making and difficulty-removal powers\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChapter VI | Amendment to the Criminal Law (Amendment) Ordinance 1944 — Section 19\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eHow offences under the Act were brought within the Schedule to the 1944 Ordinance, and the consequences for attachment, forfeiture and sale of an offender's property\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eSchedule | Subject Index\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eThe public examination authorities covered by the Act, followed by a concept-wise index with pinpoint section references\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eAppendices I to VI\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003e28 pages of allied material, reproducing the definitional provisions borrowed from the Information Technology Act 2000, the Companies Act 2013 and the Limited Liability Partnership Act 2008; the full text of the Public Examinations (Prevention of Unfair Means) Amendment Act 2026; the Statement of Objects and Reasons; the Criminal Law (Amendment) Ordinance 1944 in full, including its attachment machinery and Schedule; Section 112 of the Bharatiya Nyaya Sanhita 2023 as applicable w.e.f. 1-7-2024; and the Public Examinations (Prevention of Unfair Means) Rules 2024 across all eight chapters, together with Form 1 and Form 2\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe book follows the architecture of the statute, so that a reader navigates by section number rather than by theme—the preliminary pages and the overview, followed by the Act chapter by chapter and section by section, then the Schedule, the Subject Index and six appendices. Every section is presented to the same five-part pattern:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eThe Amended Bare Text of the Section\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — Reproduced as it now stands, with matter inserted or substituted by the 2026 Amendment Act set in italics within editorial brackets\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eFootnotes Recording the Amendment History\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — Identifying the words replaced, the amending Act and the date of effect, immediately below the provision they relate to\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eA Boxed 'COMMENTS' Heading, Followed by 'SECTION NOTES'\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — Separating the statutory text from the commentary on every page\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eDecimal-Numbered Analytical Paragraphs\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — Running to three levels of depth, each addressing one discrete question, with sub-headings frequently framed as the questions a practitioner would put to the provision\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eRunning Footnote Citations and Cross-References\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — Carrying the supporting precedents with full parallel citations, and directing the reader to related sections, the Rules and the appendices\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eBecause the pattern does not vary from section to section, a reader who has worked through one provision knows precisely where to look in every other—a considerable advantage in a volume intended for consultation rather than continuous reading. Retrieval is further supported by a concept-wise Subject Index with pinpoint section references, and by running heads carrying the section number, the chapter name and the name of the Act across every spread.\u003c\/span\u003e\u003c\/p\u003e","brand":"Only Padhai","offers":[{"title":"Default Title","offer_id":45484727435287,"sku":null,"price":296.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0803\/5054\/3895\/files\/GuidetoAntiPaperLeakLaw.png?v=1788510845"},{"product_id":"how-to-deal-with-gst-show-cause-notices-with-pleadings","title":"How to Deal with GST Show Cause Notices with Pleadings","description":"\u003cp\u003e\u003cem\u003e\u003cspan\u003eHow to Deal with GST Show Cause Notices with Pleadings\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e is a practitioner's manual on the most decisive phase of a GST dispute—the moment a notice arrives and a reply must be drafted. Rather than restating the statute, it teaches a method: read what a notice actually alleges, pin down the precise provision that authorises it (\u003cem\u003ethe book's recurring test is \u003c\/em\u003e\u003c\/span\u003e\u003cem\u003e\u003cspan\u003e'\u003c\/span\u003e\u003c\/em\u003e\u003cem\u003e\u003cspan\u003eUnder which section?\u003c\/span\u003e\u003c\/em\u003e\u003cem\u003e\u003cspan\u003e'\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e), expose the deficiencies and discrepancies that are \u003c\/span\u003e\u003cspan\u003e'\u003c\/span\u003e\u003cspan\u003eincurable and fatal to the demand,\u003c\/span\u003e\u003cspan\u003e'\u003c\/span\u003e\u003cspan\u003e and then plead the case with precision instead of volume.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThe book is built on a hard-won philosophy. It warns against the reflex of filing \u003c\/span\u003e\u003cspan\u003e'\u003c\/span\u003e\u003cspan\u003ereams of submissions without making a single clinching point,\u003c\/span\u003e\u003cspan\u003e'\u003c\/span\u003e\u003cspan\u003e argues that an over-eager response to a preliminary enquiry can hand the department its own case, and insists the \u003c\/span\u003e\u003cspan\u003e'\u003c\/span\u003e\u003cspan\u003eaccept and discharge\u003c\/span\u003e\u003cspan\u003e'\u003c\/span\u003e\u003cspan\u003e versus \u003c\/span\u003e\u003cspan\u003e'\u003c\/span\u003e\u003cspan\u003edispute and litigate\u003c\/span\u003e\u003cspan\u003e'\u003c\/span\u003e\u003cspan\u003e choice is a commercial decision best deferred until the notice is formally issued. Its opening chapter, Background, sets the constitutional spine—procedures established by law and due process—anchored in authorities such as \u003cem\u003eMohinder Singh Gill v. CEC\u003c\/em\u003e (AIR 1978 SC 851), and that lens runs through every later chapter. It is, in the author's words, \u003c\/span\u003e\u003cspan\u003e'\u003c\/span\u003e\u003cspan\u003ea work that draws from years of making mistakes so that no one needs to make the same old ones.\u003c\/span\u003e\u003cspan\u003e'\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThis Edition covers the new section 74A demand regime, system-generated notices, revisionary proceedings, and the GST Appellate Tribunal (GSTAT)—its structure, procedure, and the GSTAT Procedure Rules.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThis book is intended for the following audience:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChartered Accountants, Cost Accountants and Company Secretaries\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e who draft replies and appear before adjudicating and appellate authorities\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eAdvocates and Tax Litigators\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e building pleadings for departmental engagement, appeal memos, and Tribunal proceedings\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eGST and Indirect-Tax Consultants\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e handling assessments, audits, refunds, and demand notices\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eIn-House Tax Heads, CFOs and Finance Teams\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e who must make the litigate-or-settle decision\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eDepartmental Officers\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e wanting a jurisprudence-anchored view of how notices, adjudication, appeals, and revision are meant to operate\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eStudents and Entrants to Indirect-Tax Practice\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e who want litigation craft, not just statutory text\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Present Publication is the 7\u003csup\u003eth\u003c\/sup\u003e Edition | 2026, amended by the Finance Act 2026. It is authored by CA. A Jatin Christopher with the following noteworthy features:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eUnder Which Section?—A Defence Strategy\u003c\/strong\u003e] Every notice is traced to its enabling provision, because the section fixes who may act, what they may ask, and how far the enquiry can go\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eNotice-wise Anatomy\u003c\/strong\u003e] Each notice type is dissected by structure, prerequisites, limitations, scope, burden of proof, and the defects that quietly defeat a demand\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eThe Discipline of the Reply\u003c\/strong\u003e] How to reject allegations and dispute demands cleanly, avoid over-disclosure, and resist the 'long and winded reply' that does the taxpayer's case a disservice\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eThe Full Dispute Lifecycle\u003c\/strong\u003e] Notice → adjudication → first appeal → the 'sequel notice' by the Appellate Authority → revision → Appellate Tribunal\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eA Dedicated Pleadings Division\u003c\/strong\u003e] Division Two is a bank of Enlarged Illustrative Pleadings spanning replies to notices, departmental engagement, appeal memos, and Tribunal grounds, mapped to practical controversies\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eUpdated for the Finance Act 2026 and GSTAT\u003c\/strong\u003e] Section 74A, Rules 88C\/142B\/88D, GSTAT structure, Tribunal Procedure and the GSTAT Procedure Rules integrated throughout\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eJurisprudence Applied, Not Listed\u003c\/strong\u003e] Administrative law, natural justice, burden of proof, best-judgment limits and maintainability are worked into live notice and appeal situations\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe coverage of the book is as follows:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cspan\u003eNotices, by Provision and Type (Division One)\u003c\/span\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eSections 25 \u0026amp; 29\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e—registration notices: rejection of applications, suspension, suo motu and voluntary cancellation, revocation, appealable orders\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eSection 63\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e—best-judgment assessment of unregistered persons; 'best judgment is not wild guesswork'; challenges to jurisdiction\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eSection 73\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e—non-fraud demands: pre-notice consultation, limitation, service and its validity, deficiencies and discrepancies, non-denial as admission\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eSection 74\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e—fraud\/suppression demands: special circumstances, the penalty stages, 'cum-tax' demand\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eNew Section 74A\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e—date of commencement, terminal date for old notices, ingredients to jurisdiction, fresh limitation, definition of suppression, 'mother notice v. child notice'\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eSection 76\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e—tax collected but not paid; composite demand; absence of limitation\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eSystem-generated notices\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e—Rules 88C, 142B and 88D, response options, adverse inference, auto-generated appropriation\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eRefund notice\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e—unjust enrichment, credit-note mischief, protective notices, erroneous refund with interest\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eNotice for e-Way Bill\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e—binary verification, alteration\/expansion of enquiry by circular, cryptic notices, pleading for lenience\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eNotice for Penalty\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e—general discipline on penalty, personal penalty on directors, penalty under section 52, waiver of penalty notice\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eNotice for Confiscation\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e—seizure as a pre-condition, release from detention, the (\u003cem\u003eunlimited\u003c\/em\u003e) limitation position\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eAdjudication and Remedies (Division One)\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003ePreparation to reply\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e; the jurisprudence of adjudication (\u003cem\u003ee.g., interest as automatic rather than penal, the bar on plurality of penalty\u003c\/em\u003e); drafting the reply; relief and outcomes in adjudication\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eRemedy of appeal\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e; the 'sequel notice' by the Appellate Authority; relief in appeal\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eRevisionary proceedings\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e—the anomaly of executive revision of appellate orders, the narrow grounds (\u003cem\u003eillegal, improper, or omitting material facts\u003c\/em\u003e), doctrine of election, bar on revision, 'mischievous appeals,' limitation\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eGST Appellate Tribunal\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e—GSTAT structure and benches, pre-deposit (\u003cem\u003eincluding penalty-only and fine-only disputes\u003c\/em\u003e), statement of facts and grounds, paper-books, interlocutory applications; Tribunal Procedure (\u003cem\u003eAPL-5, cross-objections, computational tables, condonation, withdrawal\u003c\/em\u003e); the GSTAT Procedure Rules (\u003cem\u003epowers, instituting appeal, registry, hearing, case management, e-filing, CPC\u003c\/em\u003e); and a closing chapter on applicable jurisprudence\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003ePleadings (Division Two) — Enlarged Illustrative Pleadings\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003ePleadings for reply to notices\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e—Chapter 26 alone runs to 58 numbered sub-paragraphs, the bulk of them worked reply scenarios: DRC-3 payments, GSTR-2A\/3B and GSTR-1\/3B mismatches, RCM unpaid, credit\/debit notes, TRAN-1 transition credit, composition-taxpayer defaults, Rule 86A\/86B, blocked and common credits, supplier-in-default, 'interest only'\/'penalty only' demands, classification and exemption disputes, pure-agency collections\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003ePleadings in departmental engagement\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e—DRC-13 (\u003cem\u003ethird-party recovery\u003c\/em\u003e), DRC-22 provisional attachment, CMP-6, 'call book,' time-barred-notice intimations, death of proprietor\/appellant\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003ePleadings in appeal memo\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e—audit-led, inquiry-led and interception-led demands; relief under section 75(2); RVN-1\/ADT-2 situations; condonation-of-delay affidavits\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eAppellate Tribunal pleadings\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e—notes on APL-5\/APL-6, preliminary grounds (sections 61\/65\/67), special and common grounds\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eInherent powers of GSTAT\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e—including extended-adjournment\/call-book applications\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe book is organised into two complementary divisions totalling 30 chapters.\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eDivision One | Notices under GST (Chapters 1–25)\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — Builds the dispute knowledge base in the order a controversy unfolds\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eFoundations (\u003cem\u003eBackground—procedures established by law and due process\u003c\/em\u003e) → each notice type (ss. 25\/29, 63, 73, 74, 74A, 76) → system-generated, refund, e-way-bill, penalty and confiscation notices → preparation to reply, the jurisprudence of adjudication, the reply itself, and relief\/outcomes in adjudication → the full appellate journey (\u003cem\u003eremedy of appeal, the 'sequel notice,' relief in appeal, revisionary proceedings, the Appellate Tribunal, Tribunal Procedure, the GSTAT Procedure Rules\u003c\/em\u003e) → a concluding chapter on applicable jurisprudence\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eDivision Two | Pleadings in GST (Chapters 26–30)\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — Converts that commentary into drafting practice with ready-to-adapt model pleadings: replies to notices, departmental engagement, appeal memos, Appellate Tribunal pleadings, and the inherent powers of the GSTAT\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eGranular, Sub-Headed Chapters\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — Within each chapter, the treatment is granular and sub-headed (\u003cem\u003eoverview → anatomy → limitation → scope → defects → response\u003c\/em\u003e), so the book works both as a cover-to-cover read and as a desk reference to open the moment a specific notice lands\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"Only Padhai","offers":[{"title":"Default Title","offer_id":45485205848087,"sku":null,"price":1186.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0803\/5054\/3895\/files\/HowtoDealwithGSTShowCauseNoticeswithPleadings.png?v=1788519056"},{"product_id":"income-tax-act-allied-laws","title":"Income tax Act \u0026 Allied Laws","description":"\u003cp\u003e\u003cem\u003e\u003cspan\u003eIncome-tax Act \u0026amp; Allied Laws\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e is a first-of-its-kind interdisciplinary legal commentary that maps, with statutory precision and courtroom depth, exactly where and how the Income-tax Act 2025 collides with, qualifies, supplements, and sometimes overrides ten other major Indian statutes. The premise of the book is both bold and self-evident: income, as the economic substratum of all human activity, permeates every field of law, and yet the legal profession has historically treated taxation as a discipline in isolation. Courts adjudicate matrimonial disputes, cheque dishonour cases, benami attachment proceedings, PMLA prosecutions, and corporate fraud matters with near-complete disregard for what the Income-tax Act has already established about the financial position of the parties—often to the material detriment of the outcome.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThe commentary covers eleven distinct statutory intersections across twelve chapters, progressing from the foundational structure of the ITA 2025 through matrimonial law, evidentiary law, civil law, negotiable instruments law, benami law, GST, PMLA, black money law, cash regulation, and corporate law. Each chapter is built around verbatim reproduction of the key provisions of both the ITA and the allied statute, followed by the author's detailed analytical notes, cross-statutory mapping, annotated case law with ratio extracted, and a structured FAQ section designed for deployment-ready use by practitioners in drafting, litigation, advisory, and adjudication.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThe book is explicitly addressed to a multi-disciplinary readership that extends well beyond the conventional income tax audience:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eLegal Practitioners\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e in civil, criminal, family, corporate, and commercial domains who encounter financial evidence, income disclosures, or tax-linked claims in their matters\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eTax Consultants and Chartered Accountants\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e who need to understand the cross-statutory implications of their advisory work\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eCorporate Tax Managers, CFOs, and Finance Heads\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e who must navigate simultaneous obligations under the ITA, CGST, PMLA, and Companies Act\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eInternational Tax Advisors and Wealth Management Advisors\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e dealing with cross-border transactions, foreign asset disclosures, and double taxation frameworks\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eRevenue Officers and Departmental Representatives\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e who handle prosecution, search, survey, and enforcement proceedings\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eMembers of the Judiciary\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e—Trial Court judges, ITAT Members, and High Court benches—who must assess the admissibility and weight of income tax records as evidence\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eAcademicians and Law Students \u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003epursuing tax law, constitutional law, or interdisciplinary legal studies\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Present Publication is the First Edition, amended by the Finance Act 2026 and authored by Adv. Ruchesh Sinha, with the following noteworthy features:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eVerbatim Statutory Reproduction with Section-by-Section Author's Notes\u003c\/strong\u003e] This is the defining structural feature of the book. Every key provision of both the Income-tax Act and the allied statute under discussion is reproduced verbatim, followed immediately by a detailed 'Author's Note' that explains the provision's legal principle, its operative scope, its limitations, and its cross-statutory implications. This approach is applied consistently across all chapters, transforming the book into both a primary text and an annotated commentary, eliminating the need to cross-reference bare acts. The Author's Notes are substantive analytical paragraphs that identify the legislative intent, interpretive boundaries, evidentiary implications, and practical consequences of each provision\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eFull ITA 2025 vs. ITA 1961 Cross-Reference Architecture\u003c\/strong\u003e] The book recognises that the Income-tax Act 2025 uses entirely renumbered sections. Since most ongoing litigation, assessments, appellate proceedings, and prosecutions continue to be governed by the 1961 Act, while new filings and returns fall under the 2025 Act, the book provides, in every instance, the precise correspondence: 'Section X of the Income-tax Act 2025 (\u003cem\u003ecorresponding to Section Y of the Income-tax Act 1961\u003c\/em\u003e).' This dual-section cross-reference runs through every statutory citation, every case law reference, and every FAQ answer across the entire book, making it equally useful for matters arising under both versions of the statute\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eFinance Act 2026 Amendments Integrated and Flagged\u003c\/strong\u003e] The book incorporates the Finance Act 2026 amendments, including the significant change to the tax rate on unexplained credits, investments, and expenditures under Section 195 of ITA 2025 (\u003cem\u003ecorresponding to Section 115BBE of ITA 1961\u003c\/em\u003e)—reduced from 60% to 30% under the Finance Bill 2026—and the deliberate dilution of the prosecution rigour under Section 478 (\u003cem\u003ecorresponding to Section 276C\u003c\/em\u003e). These legislative changes are not merely noted but contextualised within the broader anti-evasion framework of the statute\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eDetailed Case Law with Structured Format and Extracted Principles\u003c\/strong\u003e] Each case covered in the book is presented in a rigorous, structured format: Court, Names of parties, Date of order, Full citation, Bench composition, whether the order is in favour of the assessee or the revenue, a keyword summary, a detailed statement of facts, the holding of the court, and, crucially, a discrete section titled 'Principle(s) that emerge' which distils the ratio into a deployable legal proposition. The case law spans from landmark Supreme Court decisions (some dating to the 1950s) to 2025 High Court and ITAT orders, ensuring both doctrinal depth and contemporary relevance.\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eChapter-End FAQs Designed for Practical Use\u003c\/strong\u003e] Every chapter closes with a Frequently Asked Questions section, typically 10–19 questions in length, built from the synthesis of statutory provisions, case law, and the author's litigation experience. These are not textbook-style questions. They are structured as a professional would pose them in an advisory context; 'Can penalties for violation of cash provisions be imposed automatically?'; 'Does splitting cash receipts into smaller amounts avoid Section 186?'; 'Whether prosecution can be initiated against a director without treating him as Principal Officer under Section 2(85)?'; 'Does income tax law override civil laws such as contract or property law?'—with precise, citation-grounded answers that can be used directly in arguments, pleadings, and advisory opinions\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eIllustrations and Practical Scenarios\u003c\/strong\u003e] The book includes concrete illustrations embedded within chapters—not relegated to footnotes or example boxes. A wholesale trader accepting ₹3.5 lakh in cash from a single buyer through split receipts during a festival season, triggering Section 186 and KYC reporting; a company issuing shares with premium to shell investor entities that lack creditworthiness under Section 102; a trader whose GST turnover exceeds income-tax disclosed turnover, triggering automated scrutiny—these worked scenarios demonstrate precisely how abstract statutory intersections play out in commercial and litigation reality\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eFirst-of-Its-Kind Scope\u003c\/strong\u003e] Indian legal publishing has detailed commentaries on the Income-tax Act in isolation and equally detailed treatises on matrimonial law, evidence law, PMLA, and corporate law in their own silos. No resource has systematically mapped the ITA against the full spectrum of allied laws—personal, civil, criminal, economic, and corporate—in a single, structured work. This book occupies that gap\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe coverage of the book is as follows:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChapter 1 — Understanding the Essence of This Book\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eEstablishes the conceptual foundation: why income, as the fulcrum of all financial activity, makes the Income-tax Act the most cross-cutting legislation in the Indian statute book. Covers the relevance of ITRs in loan applications, visa processing, matrimonial disputes, property transactions, negotiable instrument litigation, and criminal prosecution. Introduces all downstream chapters through a thematic overview\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChapter 2 — Basic Structure of the Income-tax Act 2025\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eA primer on the ITA 2025 for non-tax professionals. Covers the structure, key operative provisions, the effect of the repeal of ITA 1961, ITR forms (\u003cem\u003eITR-1 through ITR-7\u003c\/em\u003e), e-filing mandates, Annual Information Statement, inter-department data sharing (\u003cem\u003eIncome Tax–CGST–ED\u003c\/em\u003e), and the mechanism of financial surveillance. This chapter equips the non-tax reader before the cross-statutory analysis begins\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChapter 3 — Income Tax Law and Personal Laws (Matrimony Laws) | A Deep Dive\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eCovers the intersection of income tax provisions with the Hindu Marriage Act, Special Marriage Act, Muslim Personal Law, and related matrimony statutes. Analyses how maintenance claims, dowry allegations, and settlement quantum are tested against ITR disclosures. Includes case law from High Courts and the Supreme Court (\u003cem\u003enotably Rajnesh v. Neha, Kiran Tomar v. State of UP, and multiple Delhi High Court decisions\u003c\/em\u003e) and concludes with FAQs for practitioners handling matrimonial and family law matters\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChapter 4 — The Interface Between Income Tax Law and Evidentiary Standards\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003ePerhaps the most technically dense chapter, covering the admissibility of income tax records, ITRs, assessment orders, and electronically seized data as evidence under the Indian Evidence Act (\u003cem\u003enow Bharatiya Sakshya Adhiniyam\u003c\/em\u003e), the Bankers' Books Evidence Act, and the Information Technology Act. Addresses Section 65B certification requirements for digital evidence, the evidentiary value of unproven ITR copies, and the admissibility threshold in prosecution proceedings. Key cases include Anvar P.V. v. Basheer, Arjun Panditrao Khotkar, and CBI v. Shukla (V.C.) (Jain Hawala Case)\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChapter 5 — Where Income Tax Meets Civil Laws\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eAnalyses the intersection of the ITA with the Transfer of Property Act 1882, the Specific Relief Act 1963, and the Indian Contract Act 1872. Covers capital gains implications in property suits, the tax significance of possession vs. title in specific performance proceedings, enforceability of contracts with tax-inconsistent financial terms, and the role of income disclosures in civil evidence. Includes RBANMS Educational Institution v. Gunashekar and related High Court decisions\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChapter 6 — Interplay Between Income Tax Act 2025 and Negotiable Instruments Act 1881\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eAddresses the fundamental question of how the financial capacity of the lender—as documented in ITRs—is increasingly treated by courts as a necessary element of proof in cheque dishonour cases under Section 138 NI Act. Analyses how undisclosed income or cash-based lending creates a trap that defeats both the creditor's enforcement claim and the debtor's defence. Key cases: Hari (P.C.) v. Shine Varghese, Prakash Desai v. Dattatraya Desai, Sanjabij Tari v. Kishore S. Borcar (SC, 2025)\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChapter 7 — How the Income Tax Act Intersects with the Benami Transactions (Prohibition) Act\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eA detailed analysis of the operative linkages between ITA and PBPT Act, including source-of-funds analysis, burden of proof, the interplay of ITA reassessment and Benami attachment proceedings, and the relevance of income disclosures in identifying beneficial ownership. Covers UOI v. Ganpati Dealcom (\u003cem\u003eSC, 2022 and 2024\u003c\/em\u003e), Smt. P. Leelavathi v. Shankarnarayana Rao, and the recent Hebes Electronics PBPT order of January 2026\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChapter 8 — The Impact of Income Tax Act on Goods and Services Tax Laws\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eCovers inter-departmental data sharing between Income Tax and CGST authorities, the admissibility of income tax assessment findings in GST proceedings, common provisions on books of account, search and seizure, and prosecution. Reviews CIT-III v. Kaypee Mechanical (\u003cem\u003eGujarat HC\u003c\/em\u003e), JM Jain v. UOI (\u003cem\u003eDelhi HC, 2025\u003c\/em\u003e), CBI v. Shukla (\u003cem\u003eV.C.\u003c\/em\u003e), and the evidentiary crossover in tax fraud investigations\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChapter 9 — Where Tax Law Meets Money Laundering Law\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eAnalyses the interface between the ITA and the Prevention of Money Laundering Act 2002 (PMLA). Covers the twin doctrines of 'proceeds of crime' and 'scheduled offence,' the mandatory referral and information-sharing obligations between the Income Tax Department and the Directorate of Enforcement, attachment proceedings, the Supreme Court's landmark ruling in Vijay Madanlal Choudhary v. UOI, and prosecution overlap between ITA Chapters XXI and PMLA Section 3\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChapter 10 — Income Tax Law and Black Money Act | A Deep Dive\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eCovers the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act 2015 in detail—its provisions for taxation and penalty on foreign assets not disclosed in ITRs, the link to prosecution under ITA, and the rigorous evidentiary requirements for proving undisclosed foreign income. Includes an extensive section of eight recent ITAT and High Court decisions from 2021–2025 on undisclosed foreign assets, search assessments, and Black Money Act prosecutions\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChapter 11 — Cash in Everyday Life and Income Tax Law | Use, Abuse and Regulation\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eA comprehensive review of all cash transaction restriction provisions under the ITA—Sections 269SS, 269T, 269ST, and related disallowance and penalty provisions. Covers cash-based property transactions, charitable receipts, loan repayments, and the systemic linkage between cash economy documentation and evidentiary sufficiency in civil and criminal disputes. Over 15 Supreme Court and High Court decisions are analysed, covering the threshold-based penalty framework and judicial interpretation of 'reasonable cause'\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChapter 12 — Corporate Regulation and Taxation: A Study of the Income Tax Act and the Companies Act\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eAddresses the corporate veil, director liability, prosecution of corporate officers, and the significant overlap between Companies Act compliance obligations and ITA scrutiny provisions. Covers Salomon v. Salomon, Iridium India Telecom v. Motorola, Standard Chartered Bank v. Directorate of Enforcement, PCIT v. NRA Iron \u0026amp; Steel, and SMS Pharmaceuticals v. Neeta Bhalla in the context of officer liability and disregard of separate legal personality across both statutes\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe book follows a consistent, replicable architecture across all twelve chapters that serves simultaneously as a reference text and a reading commentary:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eIntroduction\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — Establishes the practical stakes and the nature of the statutory intersection, typically with worked fact patterns and conceptual framing\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eKey Provisions of the Allied Statute \u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e— Verbatim reproduction of operative provisions with section-by-section Author's Notes identifying legislative intent, scope, limitations, and cross-statutory implications\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eKey Provisions of the Income Tax Act (in relevant chapters)\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — Corresponding ITA provisions reproduced with the same depth of annotation, always with dual ITA 2025\/ITA 1961 cross-references\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eImpact and Application Analysis\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — The core analytical section: how ITA provisions bear on the allied law, with worked examples, transactional scenarios, and doctrinal analysis\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eCase Law Analysis\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — Each case in the structured format: Court, Parties, Date, Citation, Bench, Party in whose favour, Keywords, Facts, Holding, and Principles that emerge\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eConcluding Note (in select chapters)\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — A synthesising paragraph drawing the chapter together with implications for practice\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eFrequently Asked Questions (FAQs) \u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e— Typically 10–19 questions with precise, citation-grounded answers, structured for direct use in professional practice\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"Only Padhai","offers":[{"title":"Default Title","offer_id":45485229047831,"sku":null,"price":696.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0803\/5054\/3895\/files\/Income-taxAct_AlliedLaws.png?v=1788519461"},{"product_id":"income-tax-act-1961","title":"Income Tax Act 1961","description":"\u003cp\u003e\u003cem\u003e\u003cspan\u003eIncome-Tax Act 1961\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e is the most authoritative and complete Edition of India's principal direct tax statute, now in its 72\u003csup\u003end\u003c\/sup\u003e consecutive annual Edition. At over 1,800+ pages and spanning five self-contained Divisions, this Edition presents the full text of the Income-tax Act 1961 as it stands after every amendment effected by the Finance Act 2026.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eWhat distinguishes the 72\u003csup\u003end\u003c\/sup\u003e Edition from its predecessors is its expanded legislative scope. Beyond the core statute, it captures three additional primary law texts—the full Finance Act 2026 (\u003cem\u003ewhich amends both the Income-tax Act 1961 and the newly enacted Income-tax Act 2025 in parallel\u003c\/em\u003e), the Securities Transaction Tax and Commodities Transaction Tax provisions with updated rates, and—appearing in print for the first time in Taxmann's ITA series—the Foreign Assets of Small Taxpayers Disclosure Scheme 2026, a new amnesty-type voluntary disclosure framework introduced under Chapter IV of the Finance Act 2026. The Edition is designed to serve simultaneously as a legislative reference, a compliance tool, a research base, and a professional quick-reckoner. Its architecture—dual section-page indexing, comprehensive amendment-history footnoting, and an integrated Appendix of allied provisions—makes it functional as a complete single-volume direct tax library for most day-to-day professional needs.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThis title is essential for every category of direct tax professional and student:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eTax Practitioners and Chartered Accountants\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003efor return filing, assessment, appeals, withholding tax compliance, transfer pricing documentation, and advisory work. The section-level amendment history in footnotes is particularly valuable for multi-year matters involving prior assessment years\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eAdvocates and Tax Lawyers\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003efor appearances before Income Tax Authorities, the Income Tax Appellate Tribunal, High Courts, and the Supreme Court. The complete text of penalty, prosecution, and appeals provisions across Chapters XX through XXII provides the foundational statutory reference\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eCompany Secretaries, CFOs, and In-House Tax Teams\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003efor managing corporate tax positions, TDS\/TCS obligations, transfer pricing, MAT\/AMT, and the concessional corporate tax regimes under Sections 115BAA, 115BAB, 115BAC, 115BAD, and 115BAE\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eRevenue Officers and ITAT Members\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003efor an up-to-date, authoritative text of the statute with complete amendment history\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eCA Final, LL.B., and Allied Examination Candidates\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003ewhere the Income-tax Act is a core examined statute, this bare-act edition provides the full text at the correct amendment level\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eLegal Researchers and Academics\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003efor legislative history research, comparative tax law analysis, and policy work\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Present Publication, in its 72\u003csup\u003end\u003c\/sup\u003e Edition | 2026, upholds its tradition of unmatched accuracy and reliability. It is updated to incorporate the latest amendments introduced by the Finance Act 2026. The book is authored and edited by Taxmann's Editorial Board, continuing its legacy as a cornerstone in Direct Tax, with the following noteworthy features:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e[\u003cstrong\u003eComplete, Section-by-Section Amended Text of the Income-tax Act 1961\u003c\/strong\u003e] Every section of the Act across all 23 Chapters, every Rule and every Schedule, is reproduced in full as amended and currently in force. Provisions inserted, substituted, or omitted by each amending statute since 1961 are clearly indicated inline\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eExhaustive Amendment-history Footnoting\u003c\/strong\u003e] Each page of the substantive text carries numbered footnotes precisely recording: the amending statute (\u003cem\u003eFinance Act, Direct Tax Laws (Amendment) Act, Taxation Laws (Amendment) Act, etc.\u003c\/em\u003e), the effective\/retrospective date, and the exact nature of the change (\u003cem\u003einsertion, substitution, or omission\u003c\/em\u003e). This allows practitioners to reconstruct the law as it stood at any particular point in time—critical for reassessment proceedings, block assessment cases, and appeals relating to prior years\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eFull Text of Finance Act 2026 as a Separate Division\u003c\/strong\u003e] The complete Finance Act 2026 is reproduced in Division Two with its own Arrangement of Sections covering Chapters I through IV\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eDual-Statute Coverage in the Finance Act Division\u003c\/strong\u003e] The Finance Act 2026 amends both the Income-tax Act 1961 and the Income-tax Act 2025 (\u003cem\u003ethe re-codification which was enacted as Act No. 30 of 2025\u003c\/em\u003e). This Edition captures both sets of amendments, making it the essential reference during the current transitional period where both statutes co-exist operationally. Practitioners advising on the new tax regime transition, AY 2026–27 rates, or compliance under the 2025 Act will find this dual coverage indispensable\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eSignificant Finance Act 2026 Amendments Incorporated\u003c\/strong\u003e] Key changes captured across the text include:\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eAmendments to Sections 92CA (Transfer Pricing Officer reference), 139 (return filing), 140B (tax on updated return), 143\/143B\/143C (assessment and faceless assessment), 148 (escaped income notices), 150 (assessment in pursuance of appellate orders), 153\/153B (time limits for assessment), 220\/222 (tax recovery), 245MA (Dispute Resolution Committee), 254 (ITAT orders)\u003c\/li\u003e\n\u003cli\u003eSignificant Overhaul of the Penalties Chapter – Sections 270A, 270AA, 271, 271B, 272, and related provisions—including new substitutions for the penalty provisions governing failures that previously stood under Sections 271BB, 271BBB, 271BBBB, 271BBBBB and 271C\u003c\/li\u003e\n\u003cli\u003eNew Sections Inserted – 145A (method of accounting in certain cases), 235-I, and 354A (merger of registered non-profit organisations)\u003c\/li\u003e\n\u003cli\u003eOmission of Part V (arrest and detention of defaulters) from the Second Schedule to the Act, effective 30 March 2026—a significant procedural change in tax recovery law\u003c\/li\u003e\n\u003cli\u003eAmendments to Sections 279, 280, 283 (prosecution procedure), 286 (international group reporting), 295 (rule-making power), 296, 332, 349, 351, 352, 354, 393 (TDS on various payments), and 394\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e[\u003cstrong\u003eRevised STT Rates Integrated\u003c\/strong\u003e] The Finance Act 2026 revises Securities Transaction Tax rates. The updated rates—options in securities (revised to 0.15%), exercise of options (0.15%), futures (revised to 0.05%), and equity-oriented fund units—are captured in the fully amended text of Division Three, with detailed footnotes recording the pre-amendment rates and effective dates\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eForeign Assets of Small Taxpayers Disclosure Scheme 2026 (New Division)\u003c\/strong\u003e] Division Five reproduces the full text of this new voluntary disclosure scheme under Sections 130–144 of the Finance Act 2026\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eSection–Page Dual-Column Index (Arrangement of Sections)\u003c\/strong\u003e] Every Division opens with a section-number and page-number index in dual-column format, enabling immediate navigation to any provision without passing through the main index. The Arrangement for Division One alone runs across 40 pages, covering all 298 sections and all 14 Schedules\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eComprehensive Allied Acts Appendix\u003c\/strong\u003e] The Appendix to Division One reproduces the full text of provisions from allied statutes and circulars cross-referenced within the Act. The allied acts list covers over 50 enactments and regulatory instruments. The full text of these provisions is reproduced, eliminating the need to cross-reference separate statute collections in most analytical work\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eSubject Index\u003c\/strong\u003e] A detailed alphabetical and topical Subject Index to the Income-tax Act 1961, supporting keyword-based and topic-led navigation alongside the section-number index at the front\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe coverage of the book is as follows:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eDivision One — Income-tax Act 1961\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eThe core division reproduces the complete, chapter-wise text of the Act across its 23 Chapters and all associated Schedules\u003c\/li\u003e\n\u003cli\u003eAppendix – Allied Acts and Circulars cross-referenced in the Act, reproduced in full\u003c\/li\u003e\n\u003cli\u003eSubject Index – Alphabetical topical index to the Act\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eDivision Two — Finance Act 2026\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eFull text of the Finance Act 2026\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eDivision Three — Securities Transaction Tax\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eFull text of the STT provisions (Chapter VII of Finance (No. 2) Act, 2004), incorporating Finance Act, 2026 revisions to STT rates on options (revised to 0.15%), futures (revised to 0.05%), and related taxable securities transactions\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eDivision Four — Commodities Transaction Tax\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eFull text of the CTT provisions with all amendments current to the Finance Act 2026\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eDivision Five — Foreign Assets of Small Taxpayers Disclosure Scheme 2026 (New)\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eFull text of this newly introduced scheme—a one-time disclosure framework for small taxpayers with undisclosed foreign assets\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe book is organised across five self-contained Divisions, each prefaced with its own Arrangement of Sections (or Paragraphs). Division One is extensively annotated, with its Subject Index. Divisions Two through Five are independently paginated, allowing each to be referenced without displacement of the primary Act's page numbering. Within the text of the Act, each section carries:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003eA bold section number and descriptive heading\u003c\/li\u003e\n\u003cli\u003eThe substantive text of the provision\u003c\/li\u003e\n\u003cli\u003eNumbered footnotes at the page foot recording the amendment history of each sub-section, clause, or proviso, including the effective date and the amending statute\u003c\/li\u003e\n\u003cli\u003eCross-reference footnotes pointing to Taxmann's ancillary publications for case-law or definitional commentary\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Schedules follow the Act in sequence, and the Appendix reproduces allied provisions in the order in which they are referenced across the Act, facilitating direct, context-linked reading.\u003c\/span\u003e\u003c\/p\u003e","brand":"Only Padhai","offers":[{"title":"Default Title","offer_id":45485365461015,"sku":null,"price":2096.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0803\/5054\/3895\/files\/Income-TaxAct1961.png?v=1788521614"},{"product_id":"industrial-relations-code-law-manual","title":"Industrial Relations Code Law Manual","description":"\u003cp\u003e\u003cem\u003e\u003cspan\u003eIndustrial Relations Code Law Manual\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e is Taxmann's authoritative single-volume working reference on India's industrial relations statute as it now operates in practice. The 2026 Edition is built around the editorial position that the Industrial Relations Code 2020 must be read as a system: the statute together with the rules made under it, the Model Standing Orders adopted under it, the transitional instruments, the implementation notifications and the cross-Code compliance machinery that surrounds it. The Manual brings all of these into one volume and arranges them so the reader can move between them in the order their work actually requires—concordance lookup, section text, editorial restatement, supporting case law, applicable rule, prescribed form, jurisdictional notification, FAQ, compliance checklist—without leaving the book.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThe Manual also incorporates the Industrial Relations (Central) Rules 2026, the Model Standing Orders 2026 and a cluster of further designation, delegation and recovery notifications under the Code; this Edition is the first to carry the Code with that full implementation machinery in place.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThe Manual is built for the reader who works with the Industrial Relations Code as operative law and needs the supporting apparatus alongside the statutory text:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eHR, Industrial Relations and Compliance Heads\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e in factories, mines, plantations, large-format service-sector establishments and Central-Sphere PSUs who have to reconfigure their standing orders, retrenchment processes, recognition protocols and dispute-resolution workflows under the new regime\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eIn-House Counsel and Labour-Law Practitioners\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e advising on negotiating-union recognition, certification of Standing Orders, conciliation, Industrial Tribunal proceedings, retrenchment cases and the higher-threshold framework for the 300-worker establishment\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eTrade Union Office-Bearers and Federations \u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003enavigating the new recognition thresholds, the membership-reporting regime and the rights and disqualifications attaching to office-bearers\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eConciliation Officers, Inspector-Cum-Facilitators, Industrial Tribunal Members and Government Officers\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e in the Ministry of Labour \u0026amp; Employment and State Labour Departments who need a single citation-safe source\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChambers of Commerce, Employer Federations and ER Advisory Teams \u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003einterpreting fixed-term employment, the Worker Re-skilling Fund obligation and the Bi-partite Forums framework\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eFaculty, Researchers and Students of Labour Law\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e across LL.B., LL.M., CS, the CA Industrial Law paper, MBA-HR and the AIBE Labour \u0026amp; Industrial Law module, who need the consolidated text along with comparative reference to the three legacy Acts the Code replaces\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Present Publication is the 2026 Edition, updated till 8\u003csup\u003eth\u003c\/sup\u003e May 2026. It is authored\/edited by Taxmann's Editorial Board with the following noteworthy features:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eFour-Layer Per-Section Treatment\u003c\/strong\u003e] Each section in Division One opens with the statutory text and the Corresponding Provision flag tying it back to the legacy Acts, then carries a Section Notes block that restates the operative content in plain-language bulleted form for quick recall, a Comments block of editorial restatement keyed by section number (\u003cem\u003ewith a nutshell synopsis followed by sub-numbered notes on the points that practitioners will actually argue\u003c\/em\u003e), and—where the section has been substantively litigated—a Relevant Case Laws block carrying the line of decisions that bears on its interpretation\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003ePurpose-Built Concordance Tables\u003c\/strong\u003e] The preliminary part carries four concordance tables: from the Code into the three legacy Acts, and from each of the three legacy Acts back into the Code. The tables sit before the statutory text rather than at the back of the volume, on the editorial grounds that the buyer transitioning from a long-established legacy practice will start there\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eLong-Form Comparative Study\u003c\/strong\u003e] Set as a free-text analytical chapter rather than as a table, the Comparative Study reads the Code provision-by-provision against the three legacy Acts and flags every substantive change—meant to be read in sequence for transitional understanding rather than dipped into as a lookup\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eIndustrial Relations (Central) Rules 2026 in Full\u003c\/strong\u003e] The full text of the operative Central Rules notified on 8-5-2026 is reproduced with the prescribed statutory Forms, organised across its full chapter sequence\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eModel Standing Orders 2026 in Full with All Three Sector Schedules\u003c\/strong\u003e] Schedules are reproduced in full alongside the Central Rules. Because an employer's certified Standing Orders must be drawn against the operative Model, and because the Model itself is deemed to apply pending certification, the in-volume reproduction is what makes this Manual an end-to-end compliance document for the Standing Orders regime—the reader does not have to step outside the book to draft, modify or contest a certification\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eTransitional Instrument Reproduced in Full\u003c\/strong\u003e] The Industrial Relations Code (Removal of Difficulties) Order 2025—is reproduced in full, at the point in Division One where a transitional reading is likely to be required\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eMaterial for Purposive Interpretation\u003c\/strong\u003e] The Statement of Objects and Reasons and the Notes on Clauses for the originating Bill are reproduced as separate apparatus blocks, on the editorial reasoning that purposive interpretation arguments before Tribunals and High Courts often turn on these materials\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eIn-Volume Appendix of Cross-Referenced Statute\u003c\/strong\u003es] Where the Code refers to a provision of another Act—the Apprentices Act 1961, the Banking Companies (Acquisition and Transfer of Undertakings) Act 1970 and several others—the referenced provision is reproduced in an Appendix, so the reader does not have to leave the volume to locate it\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eConcept-Led Subject Index\u003c\/strong\u003e] The index is built around the way HR and IR professionals actually search—retrenchment, lay-off, closure, standing orders, negotiating union, negotiating council, strikes, lock-outs, unfair labour practices, Tribunal, conciliation, registration of Trade Union, Works Committee, Grievance Redressal Committee, Worker Re-skilling Fund—rather than around the section list\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eComplete Notifications and Clarifications Module\u003c\/strong\u003e] Division Three reproduces the principal enforcement notification, the separate notification fixing the effective date of repeal of the three legacy Acts and the full implementation cluster—each reproduced in full with the jurisdictional tables that allocate work across the Chief Labour Commissioner (Central), Additional CLC, Deputy CLCs and Regional Labour Commissioners\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eCross-Code Frequently Asked Questions\u003c\/strong\u003e] A four-part FAQ module covers all four Labour Codes—twelve FAQs on the Code on Wages, nineteen on the Industrial Relations Code, nineteen on the OSH\u0026amp;WC Code, and a separate Additional FAQs module dated as on 16-3-2026 covering all four Codes. The IR FAQs, in particular, address the most frequently asked operational questions on strikes, retrenchment, fixed-term employment, conciliation, the two-tier Tribunal architecture, Bi-partite Forums, and the treatment of working journalists and sales promotion employees under the worker definition\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eMulti-Chapter Compliance Handbook for the Four Labour Codes\u003c\/strong\u003e] Division Three closes with a compliance reference for employers in the Central Government sphere, organised in chapters per Code—each anchored to specific section references and rendered as bullet-form obligation maps so the practitioner can move from a topic to a compliance action quickly\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe structure is the editorial backbone of the Manual, organised as one preliminary part and three numbered Divisions, each one corresponding to a distinct working purpose—transitional reading, statutory and interpretive reference, operative rule-making, and implementation and compliance.\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003ePreliminary Part | Transitional Anchor\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — The preliminary part anchors the transitional reading, carrying the four concordance tables and the Comparative Study before the statutory text, so a reader coming in from legacy practice begins with the bridge between the old and the new\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eDivision One  | The Code and its Interpretive Apparatus\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — Division One carries the Industrial Relations Code 2020 in full with its four-layer per-section apparatus—statutory text, Corresponding Provision flag, Section Notes, Comments and Relevant Case Laws—together with the supporting interpretive materials including the Subject Index, the Removal of Difficulties Order 2025, the Statement of Objects and Reasons, the Notes on Clauses and the Appendix of cross-referenced statutes\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eDivision Two |  Operative Rule-Making and Model Standing Orders\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — Division Two carries the operative rule-making: the Industrial Relations (Central) Rules 2026 with the Schedule of statutory Forms, followed by the Model Standing Orders 2026 with its three sector Schedules for Mining, Manufacturing and Service establishments\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eDivision Three | Notifications, FAQs and Compliance\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — Division Three carries the implementation and compliance apparatus: the Notifications and Clarifications module, the cross-Code FAQs covering all four Labour Codes and the Compliance Handbook for Employers under the Four Labour Codes in the Central Government sphere\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"Only Padhai","offers":[{"title":"Default Title","offer_id":45485408878615,"sku":null,"price":596.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0803\/5054\/3895\/files\/IndustrialRelationsCodeLawManual.png?v=1788522333"},{"product_id":"insolvency-bankruptcy-code-ready-reckoner","title":"Insolvency \u0026 Bankruptcy Code Ready Reckoner","description":"\u003cp\u003e\u003cem\u003e\u003cspan\u003eInsolvency \u0026amp; Bankruptcy Code Ready Reckoner\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e is a comprehensive, topic-wise commentary that maps the entire framework of India's Insolvency and Bankruptcy Code, 2016 into a single, practice-oriented volume. The book follows the complete life cycle of financial distress—from the first warning signs of a \u003c\/span\u003e\u003cspan\u003e'\u003c\/span\u003e\u003cspan\u003edeclining organisation,\u003c\/span\u003e\u003cspan\u003e'\u003c\/span\u003e\u003cspan\u003e through corporate insolvency resolution, the various special and alternative resolution routes, liquidation and distribution of assets, and finally the insolvency and bankruptcy of individuals and partnership firms—so that a professional can reach a reliable, well-supported answer without wading through the bare Act.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eWhat sets this book apart from a mere reproduction of the statute is its depth of explanation and its heavy grounding in case law. The Author (\u003cem\u003eV.S. Datey\u003c\/em\u003e) explains each concept in plain language, states the relevant statutory provision, and then illustrates it with a dense body of judicial authority—Supreme Court, NCLAT, NCLT, and High Court decisions cited with full parallel citations—right up to the latest 2025 and 2026 judgments (\u003cem\u003efor example, the Supreme Court's three-judge bench ruling in Kalyani Transco v. Bhushan Power \u0026amp; Steel Ltd. dated 26-9-2025, and the 2026 NCLAT decision in Purusottam Behera v. State Bank of India\u003c\/em\u003e).\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThis Edition has been comprehensively revised to incorporate the sweeping Insolvency and Bankruptcy Code (Amendment) Act 2026—which the author himself describes as \u003c\/span\u003e\u003cspan\u003e'\u003c\/span\u003e\u003cspan\u003enot a minor repair… a complete overhaul\u003c\/span\u003e\u003cspan\u003e'\u003c\/span\u003e\u003cspan\u003e and \u003c\/span\u003e\u003cspan\u003e'\u003c\/span\u003e\u003cspan\u003ea game changer\u003c\/span\u003e\u003cspan\u003e'\u003c\/span\u003e\u003cspan\u003e—with the law stated as amended up to 20\u003csup\u003eth\u003c\/sup\u003e June 2026, including the amended IBBI Regulations (1\u003csup\u003est\u003c\/sup\u003e and 8\u003csup\u003eth\u003c\/sup\u003e June 2026) and the newly prescribed Forms. It is, therefore, one of the most current and authoritative treatments of the subject available.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThe Ready Reckoner is an everyday desk reference for everyone who works with, advises on, litigates, or studies insolvency law, including:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eInsolvency Professionals (IPs), Insolvency Professional Agencies (IPAs), and Insolvency Professional Entities (IPEs)\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChartered Accountants, Company Secretaries, and Cost \u0026amp; Management Accountants\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e in practice or in industry\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eAdvocates and Insolvency Litigators\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e appearing before the NCLT, NCLAT, DRT, and appellate forums\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eBankers, Lenders, ARCs, NBFCs, and Members of the Committee of Creditors (CoC)\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eDirectors, Promoters, CFOs, and Management of Stressed Companies\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e—including MSMEs navigating the pre-packaged and creditor-initiated routes\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eRegistered Valuers and Other Professionals\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e in the insolvency ecosystem\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eAcademics and Students\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e of professional (CA\/CS\/CMA), law, and management programmes seeking a clear, up-to-date, and case-law-rich treatment of the Code\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Present Publication is the July 2026 Edition, updated till 20\u003csup\u003eth\u003c\/sup\u003e June 2026. It is authored by V.S. Datey with the following noteworthy features:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eFully Updated to the 2026 Amendment Act\u003c\/strong\u003e] The entire commentary has been restated in light of the largest overhaul of the Code since 2016. Crucially, the book distinguishes provisions that are already effective (\u003cem\u003ew.e.f. 26-5-2026\u003c\/em\u003e) from those enacted but 'yet to be notified,' so readers know exactly what law is currently in force\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eThe New Creditor-Initiated Insolvency Resolution Process (CIIRP)\u003c\/strong\u003e] Deep coverage of the out-of-court, creditor-driven route (\u003cem\u003eChapter IV-A, Sections 58A–58K—enacted by the 2026 Amendment, to be notified\u003c\/em\u003e), introduced while the earlier Fast Track process (\u003cem\u003eSections 55–58\u003c\/em\u003e) is abolished (\u003cem\u003eomitted w.e.f. 26-5-2026\u003c\/em\u003e). The book walks through eligibility, the financial creditor's 51%-approval procedure, the corporate debtor's objection rights, the moratorium, the 150-day completion timeline (extendable by 45 days on a 66% CoC vote), and conversion of CIIRP into a regular CIRP\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003ePre-Packaged Insolvency Resolution Process (PPIRP) for MSMEs\u003c\/strong\u003e] Detailed treatment across four dedicated chapters (\u003cem\u003eSections 54A–54P\u003c\/em\u003e): its 'best of both worlds' hybrid philosophy, the ₹10-lakh minimum-default threshold, the base resolution plan, the 'Swiss challenge' mechanism with tick-size bidding, and the compressed 120-day timeline\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eGroup Insolvency, Cross-Border Insolvency \u0026amp; the Electronic Portal\u003c\/strong\u003e] Dedicated coverage of the emerging frameworks: Group Insolvency (\u003cem\u003eSection 59A\u003c\/em\u003e) and Cross-Border Insolvency (\u003cem\u003eSection 240C\u003c\/em\u003e), together with the new electronic portal for insolvency procedures (\u003cem\u003eSection 240B\u003c\/em\u003e)\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eExceptionally Case-Law-Rich\u003c\/strong\u003e] Hundreds of judgments are woven into the analysis with full parallel citations, current through 2025–2026—making the book as useful for framing an argument as for understanding the black-letter law\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eInterplay with Allied Laws\u003c\/strong\u003e] Practical, cross-referenced discussion of how the Code interacts with the Companies Act 2013 (\u003cem\u003eSections 326\/327\/529A on workmen's dues\u003c\/em\u003e), SARFAESI, the RDBA\/DRT regime, GST (\u003cem\u003eSection 82 of the CGST Act\u003c\/em\u003e), income-tax, the Provident Fund and ESIC Acts, the Employees' Compensation Act, the Indian Trust Act, and the Limitation Act, along with the constitutional basis (\u003cem\u003eEntry 9, List III of the Seventh Schedule\u003c\/em\u003e)\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eWorked Examples \u0026amp; Clear Distinctions\u003c\/strong\u003e] Numerical illustrations (\u003cem\u003ee.g., computing a secured creditor's 'workmen's portion'\u003c\/em\u003e) and crisp conceptual distinctions (\u003cem\u003eworkmen vs. employees; pari passu charge; trust money vs. liquidation estate\u003c\/em\u003e) make difficult provisions concrete\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003ePowerful Navigation Aids\u003c\/strong\u003e] A detailed Section Index maps individual sections (\u003cem\u003eand sub-sections\u003c\/em\u003e) to the exact paragraph where they are discussed, supported by Chapter-heads, a granular Contents list, an Acronyms table, and a comprehensive Subject Index—the hallmarks of a true 'ready reckoner'\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eA Candid Practitioner's Voice\u003c\/strong\u003e] Datey does not merely restate the law; he flags drafting ambiguities, notes where provisions 'need improvement,' and offers frank views on policy and practical workability—insights that come from decades of professional experience\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe book covers the Code end-to-end and can be read as a continuous account of how an insolvency actually unfolds:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eThe Distress Stage and Institutional Architecture\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eThe opening chapter sets the scene—why organisations decline, the 'vision of the Code,' its overriding effect (\u003cem\u003eSection 238\u003c\/em\u003e), and the roles of the IBBI, the Adjudicating Authority, Information Utilities, and the Insolvency and Bankruptcy Fund. It also lays out the complete structural map of the Code (\u003cem\u003eParts, Chapters, and section ranges\u003c\/em\u003e) and, importantly, a clear account of the 2026 Amendment Act—what changed, what took effect on 26-5-2026, and what awaits notification. This is followed by a chapter on the Insolvency Professional, IPAs, and IPEs.\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eCorporate Insolvency Resolution (CIRP)\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eThe heart of the book examines who may trigger insolvency (\u003cem\u003efinancial creditors, operational creditors, and the corporate applicant\u003c\/em\u003e), special provisions for real-estate projects and personal\/corporate guarantors, appointment of the interim resolution professional, the moratorium and public announcement, constitution and powers of the Committee of Creditors, the duties and protections of the resolution professional, and special provisions for large NBFCs\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eThe Resolution Plan\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eA full chapter addresses the resolution applicant and the plan—ineligibility under Section 29A, the invitation for expressions of interest, submission and evaluation, insolvency resolution process costs, CoC approval, submission to and approval by the Adjudicating Authority, appeals, and the immunities that attach once a plan is approved\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eAlternative and Special Routes\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eSeparate chapters cover the new CIIRP, the PPIRP (\u003cem\u003eacross initiation, post-admission procedure, and plan approval, including the Swiss-challenge method\u003c\/em\u003e), and group insolvency\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eLiquidation and Distribution\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eWhere resolution fails, the book explains initiation of liquidation, appointment and powers of the liquidator (\u003cem\u003enow recommended by the IBBI, with the RP who ran the CIRP barred from becoming liquidator, and CoC supervision of the process under the 2026 amendments\u003c\/em\u003e), the liquidation estate, admission and proof of claims, avoidance of preferential, undervalued, and extortionate transactions and fraudulent\/wrongful trading, realisation and distribution of assets, and dissolution. A standout chapter dissects the Section 53 distribution 'waterfall' in depth—covering the priority of trust money; the treatment of provident-fund, pension, and gratuity dues (\u003cem\u003ewhich fall outside the liquidation estate\u003c\/em\u003e); the pari passu protection of workmen's dues for the 24 months preceding liquidation; and the hotly litigated question of tax dues vs. secured creditors (\u003cem\u003eRainbow Papers and the line of cases refining it\u003c\/em\u003e). Voluntary liquidation of solvent companies is covered separately\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eAdjudication, Cross-border, and Offences\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eDedicated chapters deal with adjudication and appeals for corporate persons (\u003cem\u003eNCLT, NCLAT, and appeals to the Supreme Court\u003c\/em\u003e), cross-border insolvency, and the offences and penalties arising in corporate insolvency—including the new penalties (\u003cem\u003eup to ₹2 crore\u003c\/em\u003e) for frivolous or vexatious proceedings\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eIndividuals and Partnership Firms\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003ePart III of the Code is covered in full—bankruptcy of individuals and partnership firms; the fresh-start process; insolvency resolution of individuals and firms (\u003cem\u003eincluding personal guarantors to corporate debtors\u003c\/em\u003e); bankruptcy orders; the bankruptcy trustee; and settlement of claims against a bankrupt\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eSupporting Pillars\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eThe closing chapters address Registered Valuers (\u003cem\u003equalification, methods of valuation, the Valuation Report Identification Number, and their liability as 'experts'\u003c\/em\u003e) and the constitution, powers, and procedure of the NCLT and NCLAT\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe structure of the book is as follows:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003e22 Chapters with Expanded Sub-Chapters\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — The book is organised into 22 chapters, with the corporate-resolution material expanded through sub-chapters 6A–6D (\u003cem\u003ePPIRP, its post-admission procedure, plan approval, and group insolvency\u003c\/em\u003e)\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eLogical, Life-cycle Sequence\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — The chapters are arranged in the order an insolvency actually plays out—distress, resolution, liquidation, and finally individual\/partnership bankruptcy and the supporting institutions\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eShort, Numbered Topics\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — Within each chapter, the material is broken into short, numbered topics; many chapters open with a plain-language 'Background' section before moving into the statutory analysis, the supporting case law, and the author's practical comments.\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eA Consistent Explain–Cite–Comment Rhythm\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — Each topic broadly follows the same pattern—explain the concept, cite the section, cite the judgments, then comment—allowing a reader either to study a process from first principles or to jump straight to a specific point\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eNavigation Aids\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — The volume opens with Chapter-heads, a detailed Contents list, an Acronyms table, and a section-by-section Section Index that points each provision to the exact paragraph discussing it\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eComprehensive Subject Index\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — It closes with a detailed Subject Index for fast topic-based research—the hallmark of a true reckoner\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"Only Padhai","offers":[{"title":"Default Title","offer_id":45485443776535,"sku":null,"price":1186.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0803\/5054\/3895\/files\/Insolvency_BankruptcyCodeReadyReckoner.png?v=1788523110"},{"product_id":"insolvency-and-bankruptcy-law-manual","title":"Insolvency and Bankruptcy Law Manual","description":"\u003cp\u003e\u003cem\u003e\u003cspan\u003eInsolvency \u0026amp; Bankruptcy Law Manual \u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003eis a comprehensive, single-volume compendium that consolidates the entire legal framework governing insolvency and bankruptcy in India as it stands after the Insolvency and Bankruptcy Code (Amendment) Act 2026. In one authoritative reference it brings together the annotated, amended text of the Insolvency and Bankruptcy Code 2016, together with every allied Rule, Regulation, Guideline, Notification and Circular issued under it.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eWhat sets this Manual apart is that it does not merely reproduce the statute—it situates each provision within its complete operating ecosystem. Every section of the Code is annotated to show the relevant rules framed thereunder, the prescribed forms, the date of enforcement, and the allied laws referred to; many sections additionally carry section-wise notes and digests of case law. A reader can therefore move from statutory text to the machinery that implements it—and to how the courts have read it—without leaving the volume.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eIn short, it is built to be the definitive working desk reference—accurate, exhaustive and fully current—for anyone who needs the law of insolvency and bankruptcy, and the latest 2026 amendments, at their fingertips.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThe Manual is written for everyone who engages with insolvency and bankruptcy law in practice, advisory, adjudication or study:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eInsolvency Professionals (IPs)\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e—interim resolution professionals, resolution professionals, liquidators and bankruptcy trustees who need the Code, regulations and forms in one place, and who must come to grips with sharply redefined roles under the 2026 amendment\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eAdvocates and Law Firms\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e appearing before the NCLT, NCLAT, High Courts and the Supreme Court in insolvency, liquidation and bankruptcy matters\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChartered Accountants, Company Secretaries and Cost \u0026amp; Management Accountants\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e advising on corporate insolvency, restructuring, valuation and compliance\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eRegistered Valuers, Insolvency Professional Agencies and Information Utilities\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e operating within the IBBI framework\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eBankers, Lenders and Financial Creditors, as well as Operational Creditors and Corporate Debtors\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e, navigating resolution, recovery and the new creditor-initiated route\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eMembers of the Judiciary, NCLT\/NCLAT Benches and Regulators\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e seeking a reliable, consolidated and current text\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eAcademicians and Students of Law, CA, CS and CMA Programmes\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e requiring an authoritative, up-to-date statutory reference\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Present Publication is the 22\u003csup\u003end\u003c\/sup\u003e Edition | June 2026, amended by the IBC (Amendment) Act 2026; brought into force vide Notification S.O. 2625(E) dated 22-5-2026, effective 26-5-2026; updated till 14-6-2026. This book is edited by Taxmann's Editorial Board and offers the following noteworthy features:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eFully Amended \u0026amp; Updated\u003c\/strong\u003e] Incorporates the Insolvency and Bankruptcy Code (Amendment) Act 2026, with the law stated as updated till 14\u003csup\u003eth\u003c\/sup\u003e June 2026 (\u003cem\u003eincluding subordinate-legislation amendments effective up to 1\u003csup\u003est\u003c\/sup\u003e June 2026\u003c\/em\u003e)\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eDedicated Guide to the 2026 Amendment Act\u003c\/strong\u003e] A detailed, numbered walkthrough (\u003cem\u003e52 points\u003c\/em\u003e) explaining each substantive change, what it does, and the rationale drawn from the 'Notes on Clauses' and 'Statement of Objects and Reasons' appended to the Amendment Bill\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eAmendments at a Glance Table\u003c\/strong\u003e] A section-wise snapshot showing, for each amended section, the effective date and the precise nature of the change (\u003cem\u003einserted, substituted, omitted, etc.\u003c\/em\u003e)\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eSection-wise Comparative Study\u003c\/strong\u003e] A clause-by-clause analysis placing the pre-amended provisions of the IBC side by side with the provisions as amended by the 2026 Act, each tagged with its enforcement date—so readers can instantly see exactly what changed and where\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eSection-wise Annotated Text of the IBC 2016\u003c\/strong\u003e] The annotation beneath each section shows:\u003c\/span\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eThe relevant Rules framed under that section;\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eReference to the relevant Forms prescribed;\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eThe date of enforcement of the provision; and\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eThe allied laws referred to in the provision (\u003cem\u003ecross-referenced to the Appendix of other Acts\u003c\/em\u003e)\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eSection Notes \u0026amp; Case-Law Digests\u003c\/strong\u003e] Beyond the bare text and footnotes, many sections carry 'Section Notes' explaining the provision and digests of relevant 'Case Laws,' giving the Manual a built-in commentary layer\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eAll New Rules \u0026amp; Regulations\u003c\/strong\u003e] Subordinate legislation issued in consonance with the 2026 amendment, reproduced in full\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eNotifications \u0026amp; Guidelines\u003c\/strong\u003e] Issued under the Code and consolidated for ready reference—including the latest Insolvency Professionals (Recommendation) Guidelines 2026\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eUpdated Compendium of Circulars\u003c\/strong\u003e] All circulars issued under the IBC 2016, brought together in a single updated compendium\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eSelf-contained Single Volume\u003c\/strong\u003e] The Code, its subordinate legislation and administrative instruments together, eliminating the need to cross-refer to multiple sources\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eTaxmann's Signature Editorial Rigour\u003c\/strong\u003e] Verified text, exhaustive front-matter lists (\u003cem\u003eRules\/Regulations, Notifications, Circulars, Guidelines\u003c\/em\u003e) and a subject index for fast navigation\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Manual reproduces, in full, the following components of the law:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eGuide to the 2026 Amendment Act\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eA Guide to the Insolvency and Bankruptcy Code (Amendment) Act 2026, plus an 'amendments at a glance' snapshot\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eComparative Study (Pre vs Post Amendment)\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eIn two parts—(I) a résumé of the amendments and their objectives, and (II) a section-wise comparison of pre-amended vs. amended provisions\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eAnnotated Text of the Code\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eThe text of the Insolvency and Bankruptcy Code, 2016, as amended by the IBC (Amendment) Act 2026—each section annotated for relevant rules, prescribed forms, dates of enforcement and allied laws, with many sections also carrying section notes and case-law digests, and footnotes that cross-reference the Appendix of other Acts\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eText of the Amendment Act 2026\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eThe full text of the IBC (Amendment) Act 2026, together with its Statement of Objects and Reasons and Notes on Clauses\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eAppendix of Allied Acts \u0026amp; Subject Index\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eAn appendix of provisions of other Acts referred to within the Code, plus a Subject Index\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eRules \u0026amp; Regulations\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eThe complete body of Rules and Regulations framed under the Code—corporate insolvency resolution, liquidation and voluntary liquidation, fast-track and pre-packaged processes, personal guarantors to corporate debtors, information utilities, insolvency professionals\/agencies and registered valuers\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eGuidelines\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eGuidelines issued under the IBC 2016, including the Insolvency Professionals (Recommendation) Guidelines 2026\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eNotifications\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eNotifications issued under the IBC 2016, including enforcement and removal-of-difficulties instruments\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eCirculars\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eAn updated compendium of circulars issued under the Code\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eHighlights of the IBC (Amendment) Act 2026 \u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e— The Guide and Comparative Study walk through the substance of the overhaul, including:\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\n\u003cem\u003e\u003cspan\u003eFour Forward-looking Reforms (to be notified at a later date)\u003cstrong\u003e \u003c\/strong\u003e\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e— A creditor-initiated insolvency resolution process with an out-of-court initiation mechanism for genuine business failures; a group insolvency framework for complex corporate group structures; a cross-border insolvency framework aligning Indian practice with international best practice; and an electronic portal to facilitate procedures under the Code. (All remaining amendments took effect on 26\u003csup\u003eth\u003c\/sup\u003e May 2026)\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eRedefined Core Concepts \u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e— A new definition of 'registered valuer' [\u003cem\u003esection 3(27A)\u003c\/em\u003e] harmonised with Chapter XVII of the Companies Act, 2013; a new definition of 'service provider' [\u003cem\u003esection 3(31A)\u003c\/em\u003e]; and a clarified definition of 'security interest' [\u003cem\u003eExplanation to section 3(31)\u003c\/em\u003e] confirming that a charge created merely by operation of law (\u003cem\u003ee.g., for unpaid tax or penalty\u003c\/em\u003e) is not a security interest—easing long-standing disputes over priority of debts\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eAvoidance Transactions \u0026amp; Wrongful Trading \u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e— New statutory concepts of 'avoidance transaction' and 'fraudulent or wrongful trading,' with resolution professionals or liquidators empowered to file applications before the Adjudicating Authority, and such proceedings made independent of, and able to survive, the CIRP and liquidation (\u003cem\u003eand even dissolution\u003c\/em\u003e)\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eFaster, Tighter CIRP \u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e— Expeditious admission of a financial creditor's section 7 application (\u003cem\u003erecord of default with an information utility treated as sufficient evidence; admission targeted within 14 days\u003c\/em\u003e); recorded reasons for delay in section 9 and section 10 applications; and stricter limits on withdrawal of CIRP applications under section 12A\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eA Reworked Liquidation Regime \u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e— CoC supervision of the liquidation process; the liquidator appointed by the IBBI (\u003cem\u003ewith the resolution professional who ran the CIRP barred from acting as liquidator\u003c\/em\u003e); the CoC empowered to replace the liquidator; dissolution of the corporate debtor as an alternative to full liquidation where there are no meaningful assets; moratorium-style protection extended into liquidation; and removal of the duplicate claim-collation exercise (\u003cem\u003eclaims collated during CIRP are merely maintained and updated\u003c\/em\u003e)\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eStronger Resolution-Plan Mechanics \u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e— Resolution plans may propose the sale of one or more specific assets; a committee to implement and supervise the resolution plan; a defined minimum payment to dissenting financial creditors; and a 'clean slate' under which claims and proceedings against the corporate debtor are extinguished on approval, with licences, permits, registrations and quotas continuing\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eAnti-abuse, Discipline \u0026amp; Deterrence \u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e— Recalibrated look-back periods for preferential, undervalued and extortionate-credit transactions to curb pre-filing manipulation; penalties of up to ₹2 crore for frivolous or vexatious proceedings; a new power for the Adjudicating Authority to impose penalties for contraventions of the Code, rules or regulations; and a strengthened disciplinary regime for 'service providers' (\u003cem\u003einsolvency professionals, agencies and information utilities\u003c\/em\u003e), with appeals to the NCLAT\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eStructural Clean-up \u0026amp; Further Refinements \u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e— Abolition of the Fast Track Insolvency Resolution Process (\u003cem\u003erelated sections omitted\u003c\/em\u003e); alignment of the pre-packaged insolvency (PPIRP) provisions with the revised CIRP; an enabling provision to terminate a voluntary liquidation in specified situations; tighter secured-creditor realisation timelines and thresholds in liquidation; enhanced information-utility authentication; and an expanded duty on past employees, promoters and service providers to cooperate with the IRP\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Manual is organised into five clearly demarcated Divisions, preceded by a rich set of guides and reference lists.\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003ePrefatory\/Reference Section \u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e— List of Rules\/Regulations · List of Notifications · List of Circulars · List of Guidelines · Amendments made by the IBC (Amendment) Act 2026 at a glance · Guide to the IBC (Amendment) Act, 2026 · Comparative study of pre-amended and amended provisions (Résumé \u0026amp; Section-wise study)\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eDivision One | Insolvency and Bankruptcy Code 2016 \u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e— Arrangement of Sections; the annotated text of the Code as amended (\u003cem\u003ewith footnotes, section notes and case laws\u003c\/em\u003e); an appendix of provisions of other Acts referred to in the Code; the text of the IBC (Amendment) Act 2026; Subject Index; Statement of Objects and Reasons; and Notes on Clauses\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eDivision Two | Rules and Regulations \u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e— The complete set of Rules and Regulations made under the Code—from model bye-laws and professional\/agency regulations through the corporate insolvency, liquidation, voluntary liquidation, personal-guarantor and pre-packaged insolvency frameworks, plus the Companies (Registered Valuers and Valuation) Rules 2017\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eDivision Three | Guidelines Issued Under the IBC 2016 \u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e— The full collection of operative guidelines—technical standards for information utilities, empanelment of advocates, committee of creditors, continuing professional education, valuation disclaimers, and the Insolvency Professionals (Recommendation) Guidelines 2026\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eDivision Four | Notifications Issued Under the IBC 2016 \u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e— A consolidated set of notifications, including enforcement and removal-of-difficulties instruments\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eDivision Five | Circulars Issued Under the IBC 2016 \u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e— An updated compendium of all circulars issued under the Code\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eThis division-based architecture lets a reader move logically from the statute, to its subordinate legislation, to the administrative guidance that governs day-to-day practice\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"Only Padhai","offers":[{"title":"Default Title","offer_id":45485469794327,"sku":null,"price":1886.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0803\/5054\/3895\/files\/InsolvencyandBankruptcyLawManual.png?v=1788523612"},{"product_id":"international-taxation-ready-reckoner","title":"International Taxation Ready Reckoner","description":"\u003cp\u003e\u003cem\u003e\u003cspan\u003eInternational Taxation Ready Reckoner\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e is a complete, practice-oriented guide to the taxation of cross-border transactions under the new Income-tax Act 2025, as amended by the Finance Act 2026, and read with the Income-tax Rules 2026. With the more-than-half-century-old Income-tax Act 1961 now replaced, this Edition restates the entire field of international taxation in the language and section-scheme of the new statute—so that advisers fluent in the old law can move to the new framework without losing their footing, and so that every provision can be located by its new section number.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eTrue to its name, the book is engineered as a reckoner rather than a sprawling commentary. It is built around the questions a professional actually confronts: Is this income or payment taxable in India? How do the Income-tax Act and the relevant Double Taxation Avoidance Agreement (DTAA) interact? Does the treaty apply to this person and to this transaction—and after PE, GAAR and the Principal Purpose Test, does the benefit survive? Drawing on decades of work on mergers, acquisitions, fund structures and inbound\/outbound deals, the authors lay out a repeatable method: read the residence position, read the treaty, then work the specific stream of income under both the Act and the DTAA, supported by worked examples and up-to-date judicial precedents, and finally apply it all through a single end-to-end case study.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThis book is intended for the following audience:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChartered Accountants, Tax Advisers and Consultants\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e advising on inbound and outbound cross-border transactions\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eTax Lawyers and the Direct-Tax Teams\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e of law firms\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eIn-House Tax and Finance Teams\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e of multinational corporations, of Indian groups investing overseas, and of any business that pays or contracts with non-residents\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eProfessionals\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e advising NRIs, Foreign Portfolio Investors, AIFs, REITs, InvITs, private-equity and venture-capital funds, and IFSC\/GIFT City units\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eTrusted Advisers to SMEs and Family Businesses\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e who meet cross-border issues occasionally and need a dependable first reference\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eAnyone Responsible for Withholding Tax \u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003eon payments to non-residents and for obtaining lower\/nil withholding certificates\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eFaculty and Students\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e of practical international taxation\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Present Publication is the 4\u003csup\u003eth\u003c\/sup\u003e Edition, amended by the Finance Act 2026. This book has been authored by CA. Daksha Baxi \u0026amp; Adv. Surajkumar Shetty, with the following noteworthy features:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eFully Recast Under the New Law\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e] The subject is re-presented in the framework, terminology and section numbering of the Income-tax Act 2025 (\u003cem\u003eread with the Income-tax Rules 2026\u003c\/em\u003e), bridging the transition for readers trained on the Income-tax Act 1961\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eA Teachable Method, Not Just Black-Letter Law\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e] A step-by-step approach to non-resident taxability, including how to read a DTAA, whether and to whom it applies, the IT-Act-versus-treaty interplay, treatment of surcharge and cess on treaty rates, the Most-Favoured-Nation clause, and the consequences of PE, GAAR and the PPT under the MLI\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eStream-By-Stream Treatment Under Both Regimes\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e] Each major head of income is analysed first under the IT Act and then under the relevant DTAA article, side by side\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eTreaty and Model-Convention Text\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e] Discussion built on the UN and OECD Model Conventions (\u003cem\u003eArticles 6, 7, 12 and 12A\u003c\/em\u003e) and on the actual language of a wide range of India's bilateral treaties—including those with the United States, the United Kingdom, Australia, Singapore, Germany, France, the Netherlands, Mauritius, the UAE, Japan, Belgium and the Philippines, with further treaties such as China, Cyprus and Poland drawn on in the case-law discussion, and MLI-synthesised texts used where relevant\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eBEPS-Aware\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e] Integrates BEPS Action 6 (\u003cem\u003eprincipal purpose\/treaty abuse\u003c\/em\u003e) and Action 7 (\u003cem\u003eartificial avoidance of PE status\u003c\/em\u003e) into the stream analysis, alongside the MFN debate and CBDT Circular No. 3\/2022\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eGrounded in Current Case Law\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e] Curated, up-to-date judicial precedents woven through, including Tiger Global (SC), Vodafone-Essar, Sanofi Pasteur, Vanenberg Facilities, Indostar Capital, GE India Technology Centre, Toshoku, Infosys BPO, Cadila Healthcare, and the Giesecke \u0026amp; Devrient\/Total Oil India split on the DTAA rate for DDT\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eA Genuine Capstone\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e] Comprehensive, fact-based case study built around an Indian joint-venture company and a foreign \u003c\/span\u003e\u003cspan\u003e'\u003c\/span\u003e\u003cspan\u003eknow-how\u003c\/span\u003e\u003cspan\u003e'\u003c\/span\u003e\u003cspan\u003e LLP, worked through eleven sequential questions that apply the whole book to one scenario\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eBuilt-In Ready References\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e] A front-of-book table of withholding (TDS) rates for non-residents under Part II of the First Schedule to the Finance Act 2026; a detailed Glossary of Terms; decision charts and flowcharts (\u003cem\u003eincluding a process chart for determining a non-resident's taxability\u003c\/em\u003e); summary tables (\u003cem\u003eDTAA article map, valuation-rule summary, transfer-pricing summary\u003c\/em\u003e); FAQs on GAAR; and an Appendix listing the forms referred to\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eCurrent and Emerging Issues\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e] The digital economy and e-commerce, Equalisation Levy-2, Significant Economic Presence, indirect transfer of Indian assets, and the IFSC\/GIFT City regime\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe book spans 25 chapters, organised in five practical blocks:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eFoundations (Ch. 1–5)\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\n\u003cspan\u003eThe tax system for non-residents, with residential status (\u003cem\u003eindividuals, HUFs and other persons\u003c\/em\u003e), deemed residence and the scope of total income under section 5 (Ch. 1); tax treaties and how to read a DTAA, with a chart mapping every treaty article to the income it covers and worked MFN-clause examples (\u003cem\u003eCh. 2\u003c\/em\u003e); setting up a business in India—PAN\/TAN, directors' registration, anti-avoidance valuation rules and FMV determination, and transfer-pricing basics including Form 48 (\u003cem\u003eCh. 3\u003c\/em\u003e); classification of income across all heads (\u003cem\u003eCh. 4\u003c\/em\u003e); and eligibility to claim DTAA benefits, covering \u003c\/span\u003e\u003cspan\u003e'\u003c\/span\u003e\u003cspan\u003eperson\u003c\/span\u003e\u003cspan\u003e'\u003c\/span\u003e\u003cspan\u003e and \u003c\/span\u003e\u003cspan\u003e'\u003c\/span\u003e\u003cspan\u003eresident\u003c\/span\u003e\u003cspan\u003e'\u003c\/span\u003e\u003cspan\u003e under a treaty, taxes covered, surcharge\/cess, whether EL-2 is covered, and the PE\/GAAR\/PPT gateway (\u003cem\u003eCh. 5\u003c\/em\u003e)\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eIncome-Stream Taxation, IT Act \u0026amp; DTAA (Ch. 6–13)\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\n\u003cspan\u003eRental\/immovable-property income with Article 6 across treaties (\u003cem\u003eCh. 6\u003c\/em\u003e); business income, with Permanent Establishment, allocation of profits under Article 7, Force of Attraction, BEPS Action 7, \u003c\/span\u003e\u003cspan\u003e'\u003c\/span\u003e\u003cspan\u003ebusiness connection\u003c\/span\u003e\u003cspan\u003e'\u003c\/span\u003e\u003cspan\u003e under section 9, Significant Economic Presence, agency PE and POEM (\u003cem\u003eCh. 7\u003c\/em\u003e); dividend (\u003cem\u003eCh. 8\u003c\/em\u003e); interest, including the MFN clause and Circular 3\/2022 (\u003cem\u003eCh. 9\u003c\/em\u003e); royalty under the IT Act, ICDS IV, and Article 12 of the UN\/OECD Models and the India-US treaty, with the equipment-use and technical-knowledge controversies (\u003cem\u003eCh. 10\u003c\/em\u003e); fees for technical services under section 9(7), the nexus approach, gross-basis taxation under section 207, and Article 12A, with US and Germany treaty analysis (\u003cem\u003eCh. 11\u003c\/em\u003e); capital gains, including indirect transfer of Indian assets under section 9(10) and its valuation rules, holding-period and rate tables, FPI\/Category-III AIF treatment, and treaty positions for the US, France, the Netherlands, Singapore and Mauritius (\u003cem\u003eCh. 12\u003c\/em\u003e); and employment income, including ESOPs for globally mobile employees, foreign-asset reporting and tax equalisation (\u003cem\u003eCh. 13\u003c\/em\u003e)\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eSpecial Persons and Vehicles (Ch. 14–16)\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eNon-Resident Indians and the optional regime under section 214 (\u003cem\u003eCh. 14\u003c\/em\u003e); Foreign Portfolio Investors (\u003cem\u003eCh. 15\u003c\/em\u003e); and AIFs, REITs, InvITs and securitisation trusts (\u003cem\u003eCh. 16\u003c\/em\u003e)\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eAnti-Avoidance and Restructuring (Ch. 17–19)\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eTransfer pricing under sections 161–173, covering associated enterprises, international transaction, ALP and the most-appropriate-method, the TPO reference, Safe Harbour, Advance Pricing Agreements and roll-back, secondary adjustment, documentation and the accountant's report (\u003cem\u003eCh. 17\u003c\/em\u003e); business reorganisations—share sales, amalgamations\/mergers and demergers, with loss carry-forward conditions (\u003cem\u003eCh. 18\u003c\/em\u003e); and discontinuance of business and liquidation of an Indian company under sections 320–323 (\u003cem\u003eCh. 19\u003c\/em\u003e)\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eCredits, Compliance and Disputes (Ch. 20–24)\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\n\u003cspan\u003eForeign tax credit, methods, Rule 76 and supporting documentation (\u003cem\u003eCh. 20\u003c\/em\u003e); making payments to non-residents, the sections attracting withholding, GDR income, \u003c\/span\u003e\u003cspan\u003e'\u003c\/span\u003e\u003cspan\u003enet of tax\u003c\/span\u003e\u003cspan\u003e'\u003c\/span\u003e\u003cspan\u003e payments under section 393, and the TDS-versus-TCS overlap (\u003cem\u003eCh. 21\u003c\/em\u003e); assessments, appeals and dispute resolution—summary, mandatory faceless scrutiny, best-judgment and reassessment, the DRP, and appeals from CIT(A) through ITAT, High Court and Supreme Court (\u003cem\u003eCh. 22\u003c\/em\u003e); the General Anti-Avoidance Rules, with the approving-panel process, FAQs and precedents (\u003cem\u003eCh. 23\u003c\/em\u003e); and miscellaneous matters—the Board of Advance Rulings under sections 380–389, the Mutual Agreement Procedure, the IFSC regime under section 147, and the presumptive regime for domestic cruise services (\u003cem\u003eCh. 24\u003c\/em\u003e)\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cspan\u003eThe volume closes with the comprehensive case study (\u003cem\u003eCh. 25\u003c\/em\u003e), applying the book's full machinery to one set of facts. Supporting material includes the front-of-book non-resident TDS rate table, a Glossary of Terms, and an Appendix listing the forms referred to\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe structure of the book is as follows:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eA Deliberate Advisory Sequence \u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e– The 25 chapters move in the order an adviser actually works a problem: establish residence, read the treaty, then work income-stream by income-stream, on to special entities, anti-avoidance, credits, compliance and disputes, and finally an applied case study\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eA Consistent Chapter Template\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – Each chapter opens with a \u003c\/span\u003e\u003cspan\u003e'\u003c\/span\u003e\u003cspan\u003eScope of this Chapter,\u003c\/span\u003e\u003cspan\u003e'\u003c\/span\u003e\u003cspan\u003e sets out the IT Act position and then the DTAA position (\u003cem\u003eoften quoting the relevant Model Convention and treaty text\u003c\/em\u003e), draws on judicial precedents, and frequently closes with a worked example or case study\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003ePinpoint Navigation\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – A decimal numbering system allows precise cross-referencing throughout\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eAn Integrated Capstone (Ch. 25)\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – The closing chapter mirrors a live engagement, built on a single fact pattern: an Indian JV company, a foreign \u003c\/span\u003e\u003cspan\u003e'\u003c\/span\u003e\u003cspan\u003eknow-how\u003c\/span\u003e\u003cspan\u003e'\u003c\/span\u003e\u003cspan\u003e LLP that licenses technology and provides technical services, a seconded employee, and a cross-border transfer of the LLP interest\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eResolved Through Eleven Sequential Questions\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – DTAA eligibility; whether the JV constitutes the LLP's business connection and PE in India; the secondee's taxability and the withholding obligation (\u003cem\u003esection 192 of the 1961 Act\/section 392 of the 2025 Act\u003c\/em\u003e); the secondee's return-filing obligation; taxation of the licence fee (\u003cem\u003eroyalty\u003c\/em\u003e) and the technical-service fee; whether the secondee's salary forms part of the technical-service fees; taxation of interest payable to the know-how LLP; applicability of transfer-pricing regulations to the LLP–JV transactions; whether a UK resident's transfer of its interest in the LLP to a Netherlands subsidiary triggers Indian capital-gains tax; and the secondee's residential status across the years of secondment\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"Only Padhai","offers":[{"title":"Default Title","offer_id":45488120430615,"sku":null,"price":1676.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0803\/5054\/3895\/files\/InternationalTaxationReadyReckoner.png?v=1788599063"},{"product_id":"law-practice-relating-to-code-on-social-security","title":"Law \u0026 Practice Relating to Code on Social Security","description":"\u003cp\u003e\u003cem\u003e\u003cspan\u003eLaw \u0026amp; Practice Relating to Code on Social Security\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e is the flagship commentary on the new labour codes—a section-wise treatment of all 164 sections, seven Schedules and the allied 2026 Rules and Schemes, written by a Senior Advocate with nearly five decades at the labour bar.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eIts organising idea is comparison. The Code subsumes nine of India's most heavily litigated welfare statutes, and with enforcement from 21-11-2025, a vast body of accrued rights and part-heard litigation still runs on the repealed Acts. So, for every provision that has a predecessor, this book prints the Code's text and the old text side by side in a two-column table, section by section—letting the reader see at once what has been carried over, what has been reworded, what has been dropped, and what is new. Where a provision has no ancestor, the book says so expressly. Nine Act-wise concordance tables run the same mapping in reverse, so a practitioner holding a 1952 or 1948 authority can find where it now lives.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eAround that spine sits a consistent analytical apparatus: a boxed roadmap at the head of every section, a bulleted digest under Provisions in a Nutshell, and decimal-numbered Comments carrying the case law—with a 30-page List of Cases and a 49-page Subject Index both keyed to paragraph numbers rather than pages, so a query resolves to the exact discussion.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThe book is pitched at the specialist and the practitioner-user at once:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eHR, IR and Personnel Managers\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e running registration, coverage, contribution and benefit administration under the new regime\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eEmployers, Occupiers, Principal Employers and Contractors\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e, and the aggregators and digital platforms newly brought into the net\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eBuilders, Developers and Infrastructure Contractors\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e handling cess assessment and appeals\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eAdvocates and Senior Counsel\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e before Employees' Insurance Courts, Competent Authorities, Authorised Officers, Appellate Authorities, EPF Tribunals and the High Courts\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eJudicial Officers and Tribunal Members\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e—Presiding Officers of Labour Courts and Industrial Tribunals, and Administrative Members of CAT\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eCorporate Legal Departments, Company Secretaries, Chartered Accountants and Labour Law Consultants\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e advising on payroll, provisioning, exposure and social security due diligence\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003ePSUs, MNCs and Industry Associations\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e drafting compliance manuals and SOPs\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003ePayroll and Compliance Service Providers\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e managing multi-State coverage\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eTrade Union Leaders, Workers and Employees\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e seeking a clear statement of entitlements\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eAcademicians, Research Scholars and Students\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e of law and management\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Present Publication is the 1\u003csup\u003est\u003c\/sup\u003e Edition, updated till 20\u003csup\u003eth\u003c\/sup\u003e July 2026. It is authored by Sunil Kumar Tripathi, with the following noteworthy features:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eThe Comparative Study—The Book's Defining Feature\u003c\/strong\u003e] Under the heading 'Comparative Study of Provisions of Code on Social Security, 2020 \u0026amp; Old Labour Laws,' every provision is placed in a two-column table against the provision it replaces. Where one Code section absorbs several old ones, all are set out in sequence—section 133 is compared against nine provisions drawn from seven different repealed Acts. Where nothing precedes it, the book records the fact expressly. Even the Schedules get this treatment\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eNine Act-wise Concordance Tables\u003c\/strong\u003e] They map each repealed statute into the Code section by section, with blank entries marking old provisions that have no counterpart—the single most useful page-turn for anyone carrying forward a pending matter. A master table runs the mapping the other way\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003e206 Pages on the Definitions Alone\u003c\/strong\u003e] Section 2's 91 definitions are treated clause by clause—each with its own Overview box, comparative table, Section Notes and Comments. Definitions are the battleground of coverage litigation, and this is the depth the subject warrants\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eAn 'Overview of Section' Box for Every Provision\u003c\/strong\u003e] A boxed roadmap listing each discussion point against its paragraph number, so a 2,000-page volume can be entered at exactly the right paragraph\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eSection Notes: 'Provisions in a Nutshell'\u003c\/strong\u003e] A crisp bulleted digest of every section, with summary tables built by the author where the statute is hard to hold in the head: a four-row compensation matrix under section 76 supported by nine explanatory Notes, and a table under section 133 setting each offence against its punishment and its compoundability\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eParagraph-numbered Analytical Comments\u003c\/strong\u003e] Decimal-numbered paragraphs opening with a Prelude and an Analysis of Section, then working through each practical theme separately, with the authority footnoted on the page\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eDeep Judicial Support\u003c\/strong\u003e] A 30-page List of Cases keyed to paragraph numbers, running from foundational Supreme Court authority to High Court decisions of 2026, with parallel citations across the standard labour reporters\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eLegislative Intent, Quoted\u003c\/strong\u003e] Where a question is contested, the author reproduces the Ministry of Labour's clarifications to the 9th Report of the Standing Committee on Labour verbatim, so the reader sees the source rather than a gloss on it\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eInterpretive Scholarship Where It Matters\u003c\/strong\u003e] The treatment of repeal and savings draws on Halsbury's Laws of England, Maxwell on the Interpretation of Statutes and Crawford on Statutory Construction; definitions are tested against P. Ramanatha Aiyar's Concise Law Dictionary and The Law Lexicon\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eRules Printed with the Section\u003c\/strong\u003e] The applicable rule of the Social Security (Central) Rules 2026 sits immediately below the parent section, with its Form named, so statute, machinery and paperwork are read as one\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eAlert to Collateral Change\u003c\/strong\u003e] Cross-references track the replacement of the IPC and CrPC by the Bharatiya Nyaya Sanhita and Bharatiya Nagarik Suraksha Sanhita 2023, and align registers and returns with the Code on Wages 2019 and the OSH Code 2020, so one unified compliance set serves all the Codes\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eSix Appendices\u003c\/strong\u003e] The complete allied subordinate legislation, the text of other Acts the Code refers to, and 43 notifications\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eSubject Index\u003c\/strong\u003e] Indexed by section heading with paragraph-level references\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThis is what distinguishes this commentary. Every section—and every definition, and every Schedule—is worked through the same template, of up to six layers, applied consistently across all 164 sections:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eBare Text of the Provision\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e, in full, with enforcement footnotes recording the exact date each provision came into force—essential while the Code is being switched on in tranches—and cross-references to the allied statutes carried in Appendix 5\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eRelevant Rules\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e, printed immediately below, with the operative Form named\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eOverview of Section\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — A boxed roadmap listing the Comparative Study, the Section Notes and every numbered Comment, each against its paragraph number\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eComparative Study\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — The corresponding provisions, then the side-by-side table. Where there is no predecessor, this layer is replaced by an express statement to that effect\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eSection Notes\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — 'Provisions in a nutshell,' then sub-headed bullets on each operative limb, with the author's own summary tables and any Standing Committee material\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eComments\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e — The analytical core, in decimal-numbered paragraphs, opening with a Prelude and an Analysis of Section and then taking each practical theme in turn\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eWhat that yields in practice can be seen at section 125, the assessment provision—eighteen pages for a single section. Bare text with enforcement footnote, then the Overview box, then a comparative table against section 7A of the EPF Act and section 45A of the ESI Act, then the Section Notes, and then fifteen numbered Comments moving from Prelude and Analysis of Section through limitation, enquiry timelines, extension, pending enquiries, powers in enquiry, nature of enquiry, ex parte proceedings and restoration—closing with two consolidated case-law paragraphs that gather the authorities on best-judgment assessment, speaking orders, natural justice, impleadment, and the functional-integrality and managerial-control tests for clubbing establishments.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eBecause the List of Cases and the Subject Index are both keyed to paragraph numbers, the book can be entered from either end: from a known authority to the passage that applies it, or from a practical question to the paragraph that answers it.\u003c\/span\u003e\u003c\/p\u003e","brand":"Only Padhai","offers":[{"title":"Default Title","offer_id":45488147922967,"sku":null,"price":3216.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0803\/5054\/3895\/files\/Law_PracticeRelatingtoCodeonSocialSecurity.png?v=1788601550"},{"product_id":"law-practice-relating-to-code-on-wages","title":"Law \u0026 Practice Relating to Code on Wages","description":"\u003cp\u003e\u003cem\u003e\u003cspan\u003eLaw \u0026amp; Practice Relating to Code on Wages\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e is a section-wise commentary on the Code on Wages 2019, the Code by which Parliament has subsumed and repealed the Payment of Wages Act 1936, the Minimum Wages Act 1948, the Payment of Bonus Act 1965 and the Equal Remuneration Act 1976.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThree characteristics distinguish the work.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eIt states the law after enforcement and after the Rules. This volume is written after the Code came into force on 21\u003csup\u003est\u003c\/sup\u003e November 2025 and after the Wages (Central) Rules 2026 were notified on 8\u003csup\u003eth\u003c\/sup\u003e May 2026. The law is stated as on 20\u003csup\u003eth\u003c\/sup\u003e July 2026, and the commentary already considers the earliest judicial pronouncements upon the transition, delivered in 2026 by four High Courts and by the Supreme Court.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eIts organising method is comparison, applied provision by provision. Under a standing heading, each unit sets the text of the Code beside the full text of the provision or provisions it has replaced, in a two-column table prefaced by an express statement of corresponding provisions. Where a provision has no antecedent, the commentary records that fact: thirteen are noted as having no corresponding section in the repealed enactments, four of them designated New Section in the concordance tables. For the reader required to determine how much of nearly nine decades of accumulated authority survives re-enactment, this apparatus is the principal aid the work affords.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eIt is arranged as ninety-five self-contained commentary units rather than sixty-nine. Each of the Code's 69 sections receives its own treatment, and Section 2 is further divided into 26 separate mini-commentaries, one for every defined term from accounting year to worker. All ninety-five units carry a boxed Overview and analytical Comments; ninety-four further carry a comparative table and Section Notes.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThe commentary extends to 625 decimal-numbered paragraphs, numbered continuously and without omission across all sixty-nine sections, so that any proposition may be cited with precision. It is supported by a List of Cases of 344 entries and by more than 430 case citations in the footnotes.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThis book is intended for the following audience:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eJudges, Judicial Officers and Presiding Officers of Labour Courts and Industrial Tribunals, and Authorities and Appellate Authorities\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e appointed under the Code\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eSenior Advocates and Legal Practitioners\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e appearing before the Authority, the Appellate Authority, Tribunals and the High Courts\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eAcademicians, Law Students and Candidates for the Judicial Service\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e, for whom the concordance tables furnish a ready map from the repealed Acts to the Code\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eCompany Secretaries, Chartered Accountants, Cost Accountants and Labour Law Consultants\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e advising upon wage-code compliance\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eEmployers, Occupiers, Managers, Directors and Principal Employers\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e exposed to liability under the penal provisions of the Code\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eInspectors-cum-Facilitators and Officers of the Labour Department\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eHeads of Human Resources, Industrial Relations, Personnel, Compensation and Payroll\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e in manufacturing, IT and ITeS, banking and insurance, retail, logistics, construction, plantations, mines, shops and commercial establishments\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eStatutory and Internal Auditors\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e concerned with bonus, allocable surplus and the provisions relating to accounts\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eContractors and Staffing and Manpower-supply Undertakings\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003ePublic Sector Undertakings, Multinational Corporations and Large Enterprises\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e operating centralised, multi-State compliance functions\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eTrade Union Office-bearers, Works Committee Members and Employees\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Present Publication is the 1\u003csup\u003est\u003c\/sup\u003e Edition, updated till 20\u003csup\u003eth\u003c\/sup\u003e July 2026. It is authored by Sunil Kumar Tripathi, with the following noteworthy features:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eNinety-five Self-contained Commentary Units\u003c\/strong\u003e] All 69 sections, together with all 26 terms defined in Section 2, each furnished with its own Overview box and Comments; ninety-four additionally carry a comparative table and Section Notes\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eA Two-column Comparative Table in Almost Every Unit\u003c\/strong\u003e] The text of the Code set against the full text of the superseded provision or provisions, prefaced by an express statement of corresponding provisions identifying every predecessor section. Section 26, for example, is mapped to six sections of the Payment of Bonus Act 1965, and Section 45 to provisions of all four repealed enactments\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eExpress Identification of New and of Omitted Provisions\u003c\/strong\u003e] Four provisions are designated New Section in the concordance tables, and thirteen in all are recorded in the commentary as having no antecedent. The introductory tables disclose equally what the Code has not carried forward, including scheduled employment, the definitions of adolescent, adult and child, the power to add to the Schedule, the correction of errors, and several heads of deduction\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eFive Bidirectional Concordance Tables\u003c\/strong\u003e] From the Code to the repealed enactments, and separately from the Equal Remuneration Act 1976, the Minimum Wages Act 1948, the Payment of Bonus Act 1965 and the Payment of Wages Act 1936 to the Code, so that the reader is directed to the corresponding provision from whichever enactment he approaches\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eThe Earliest Judicial Consideration of the Transition\u003c\/strong\u003e] The commentary upon repeal and savings examines six decisions of 2026 upon what survives the repeal—Tech Mahindra Ltd. v. Union of India (\u003cem\u003eBom. HC\u003c\/em\u003e), United Labour Federation v. Union of India (\u003cem\u003eMad. HC\u003c\/em\u003e), N.A. Sebastian v. Union of India (\u003cem\u003eDel. HC\u003c\/em\u003e), Glastronix LLP v. Glastronix Karmika Sangha (\u003cem\u003eKarn. HC\u003c\/em\u003e), Salem Mandala Manuneddhi Amaipuchara Mattrum Kattumana Thozhirchanga M v. Government of Tamil Nadu (\u003cem\u003eMad. HC\u003c\/em\u003e) and Union of India v. Heavy Vehicles Factory Employees' Union (\u003cem\u003eSC\u003c\/em\u003e)—each considered against the relevant paragraph\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eA Full Interpretive and Constitutional Apparatus\u003c\/strong\u003e] Eight opening paragraphs furnish the interpretive tools before the definitions are approached: the office of a definition clause, restrictive as against extensive definitions, provisos, the distinction between proviso, exception and saving clause, explanations, schedules, transitional provisions, and the expression 'unless the context otherwise requires'. Section 62 adds ten paragraphs upon delegated legislation and Section 69 eleven upon repeal and savings\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eThe Central Rules Placed at the Point of Use\u003c\/strong\u003e] Nine inline Relevant Rules blocks reproduce the operative rule immediately beneath the section it implements: Rules 3 and 4 under Section 6; Rules 5 and 6 under Section 13; Rule 8 under Section 14; Rules 19 and 20 under Section 23; Rules 24 to 26 under Section 32; Rules 27 and 28 under Section 36; Rules 29 to 44 under Section 42; Rules 46 and 47 under Section 44; and Rules 48, 51 and 52 under Section 50\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eDates of Enforcement Recorded on the Face of the Text\u003c\/strong\u003e] Seventy-seven footnotes record the date upon which each provision came into force: seventy-three referable to the general date of enforcement and four to the earlier commencement of the provisions relating to the Advisory Board\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eOverview Boxes as a Navigational Layer\u003c\/strong\u003e] Each unit opens with a boxed map of its contents, listing the comparative study, the section notes, the FAQs and every numbered Comment with its paragraph reference, so that the volume serves for rapid consultation as readily as for continuous reading\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eCross-Code Treatment Where the Definitions Require It\u003c\/strong\u003e] Because the Code adopts terms from enactments themselves subsumed elsewhere, the commentary traces each borrowed definition into the Occupational Safety, Health and Working Conditions Code 2020, the Industrial Relations Code 2020 and the Code on Social Security 2020, including one term the Code employs but does not define, upon which the author advances his own suggested resolution\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eThe Central Government's Clarifications, Reproduced at the Relevant Sections\u003c\/strong\u003e] Nine blocks carry the Government's clarifications, Q1 to Q12, against the sections to which they relate, together with the Government's own worked illustration of the fifty per cent allowance rule, which demonstrates numerically how an excess allowance is added back and what figure then governs statutory calculation\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eForty-nine Summaries and Nineteen Worked Examples\u003c\/strong\u003e] Each provision is preceded by a bulleted statement of its requirements, and nineteen worked examples address the provisions of greatest computational difficulty, among them substituted rest days, the divisor governing a rest-day wage, the deadline applicable to each species of wage period, the ceiling upon fines and the period for their recovery, and the order in which set-on and set-off from earlier accounting years fall to be applied\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eA Ten-year Set-on and Set-off Computation, Reproduced and Explained\u003c\/strong\u003e] Appendix A to the Central Rules is set out in full and then traced year by year, including years of loss\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eAnnexures for Practical Use\u003c\/strong\u003e] The Wages (Central) Rules 2026 complete with all nine Forms; extracts from eleven further enactments referred to in the Code, with notes bridging the Indian Penal Code, the Code of Criminal Procedure and the Income-tax Act to their successors of 2023 and 2025; and twelve notifications\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eThree Modes of Access\u003c\/strong\u003e] A List of Cases of 344 entries across fourteen pages, a Subject Index of eighteen pages, and the section-wise arrangement itself, so that the work may be approached from the authority, from the subject or from the statute\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe work follows the architecture of the Code, from Chapter I to Chapter IX and from Section 1 to Section 69, and applies a uniform seven-layer treatment to each of its ninety-five units:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eLayer 1 — Bare Statutory Text\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e, footnoted with the date upon which the provision was enforced\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eLayer 2 — Relevant Rules\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e, reproduced immediately beneath the section wherever the Central Rules supply its machinery\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eLayer 3 — Overview of Section\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e, a boxed map of the contents that follow, with paragraph references\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eLayer 4 — Comparative Study\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e, comprising the statement of corresponding provisions and the two-column table against the repealed law\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eLayer 5 — Section Notes\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e, opening with the provision stated in summary, followed by thematic headings dividing it into its operative conditions and exceptions\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eLayer 6 — FAQs\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e, being the Government's clarifications reproduced verbatim where issued\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eLayer 7 — Comments\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e, decimal-numbered paragraphs each under an italicised heading, opening with a Prelude explaining what the provision has replaced and why it was altered, and proceeding to the concept and its background, the judicial tests with authority in numbered footnotes, worked examples where the provision is arithmetical, and the position under the Central Rules\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eEvery authority cited in a footnote appears also in the List of Cases against its paragraph number\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"Only Padhai","offers":[{"title":"Default Title","offer_id":45488152543255,"sku":null,"price":1396.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0803\/5054\/3895\/files\/Law_PracticeRelatingtoCodeonWages.png?v=1788602170"},{"product_id":"law-relating-to-black-money-undisclosed-foreign-income-and-assets-and-imposition-of-tax-act-2015","title":"Law Relating to Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act 2015","description":"\u003cp\u003e\u003cem\u003e\u003cspan\u003eLaw Relating to Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act 2015\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e is the most comprehensive practitioner's-level commentary. It is updated to include all amendments made by the Finance Act 2026. The book offers a section-by-section analysis of every provision of the Act, supported by the authors' considered opinions on over 200 critical interpretive issues—most of which are either still pending before the constitutional courts or have been settled only by ITAT decisions subject to further challenge. Additionally, the book features, for the first time, a dedicated chapter on the Foreign Assets of Small Taxpayers Disclosure Scheme 2026 (FAST-DS 2026), introduced by the Finance Act 2026 under Sections 130 to 144.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThis book is intended for the following audience:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eChartered Accountants, Tax Advocates, and Company Secretaries\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eadvising clients with cross-border assets, foreign bank accounts, overseas trusts, or financial interests in foreign entities\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eJudicial and Quasi-Judicial Officers\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eincluding ITAT Members, CIT(A)s, and Assessing Officers handling proceedings under the Act\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eSenior Litigation Counsel\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eappearing before High Courts and the Supreme Court in Black Money Act matters\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eHigh Net Worth Individuals, NRIs Returning to India\u003c\/em\u003e\u003c\/strong\u003e, and persons with historical foreign asset positions who need to understand their exposure and compliance obligations\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eAcademic Researchers and Law School Faculty\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eengaged in the study of anti-black money legislation and international tax enforcement\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Present Publication is the 5\u003csup\u003eth\u003c\/sup\u003e Edition | 2026 and has been amended by the Finance Act 2026. This book is authored by Dr Raj K. Agarwal \u0026amp; Dr Rakesh Gupta, with the following noteworthy features:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e[\u003cstrong\u003eNo-Time-Limit Assessment Regime Fully Analysed\u003c\/strong\u003e] The Black Money Act prescribes no time-barring limit for initiating assessment or reassessment—proceedings can be initiated even 30 or 40 years after the fact. The book examines the constitutional validity, practical operation, and litigation risks arising from this provision in granular detail\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eSection-By-Section Commentary with Full Text\u003c\/strong\u003e] Every section of the Act is reproduced along with original Notes on Clauses from the legislative record, followed by a structured analysis of salient features and significant issues—making the commentary self-contained as a working reference\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eOver 200 Critical Issues Identified and Opined Upon\u003c\/strong\u003e] Each chapter lists the significant issues of litigation arising from its sections and provides the authors' considered opinion. These opinions cover interpretive gaps, constitutional challenges, procedural ambiguities, and questions not yet resolved by courts\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eAuthors Openly Disagree with the CBDT Where Warranted\u003c\/strong\u003e] On whether pre-1\u003csup\u003est\u003c\/sup\u003e\u003cspan\u003e \u003c\/span\u003eJuly 2015 assets are assessable under the Act, the authors directly challenge the CBDT's aggressive FAQ position—citing the Supreme Court's Ganpati Dealcom ratio—and state their considered opinion that such interpretation is legally untenable and constitutionally problematic. This intellectual honesty is a defining feature of the book's value to litigation counsel\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eTracks Legislative Evolution Across Five Finance Acts\u003c\/strong\u003e] Every amendment—the 2019 retrospective expansion of 'assessee', the 2024 prosecution threshold revision, the 2026 prosecution amendments, and the introduction of FAST-DS 2026—is placed in historical context with analysis of what changed, why, and what litigation consequences follow\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eCross-Referenced to Both the Income-Tax Act 1961 And the Income-Tax Act 2025\u003c\/strong\u003e] All references to income-tax provisions appear in dual form—citing both the corresponding section of the Income-tax Act 1961 and its equivalent in the newly enacted Income-tax Act 2025—ensuring the book remains fully current as India's direct tax statute transitions\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eSchedule FA Treated as a Substantive Legal Obligation\u003c\/strong\u003e] The book documents what Schedule FA requires across all asset categories and draws a precise distinction between disclosures that immunise against BMA proceedings and those that merely furnish the Assessing Officer with a trigger to initiate them\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003ePractical Roadmap for NRIs and Persons with Historical Foreign Positions\u003c\/strong\u003e] The book systematically maps obligations for persons who acquired foreign assets as non-residents and have since become resident—covering Schedule FA disclosure timing, the NOR status window, and the documentary evidence that must be preserved indefinitely against a future Section 10 notice\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eStructured Treatment of the BMA–PMLA Interplay\u003c\/strong\u003e] The book addresses the parallel enforcement architecture arising from the Act's scheduled offence status under PMLA—including the PMLA's independent arrest powers that the BMA itself does not confer—and the consequences for clients facing simultaneous exposure under both statutes\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eCovers FAST-DS 2026 in its Entirety\u003c\/strong\u003e] Chapter 10A provides a complete treatment of the Foreign Assets of Small Taxpayers Disclosure Scheme 2026, including statutory text (\u003cem\u003eSections 130–144\u003c\/em\u003e), the Memorandum Explaining Objects, and a structured analysis of salient features—a significant addition exclusive to this Edition\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eValuation Chapter with Rule-level Analysis\u003c\/strong\u003e] Chapter 12 sets out the full valuation framework under the Act, including the fair market value methodology for different asset classes, valuation by foreign valuers, the significance of the valuation date, the treatment of assets no longer in existence as on the valuation date, and re-rolling scenarios\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eComprehensive Appendices\u003c\/strong\u003e] Four appendices reproduce all prescribed forms (\u003cem\u003eForms 1–8\u003c\/em\u003e), key CBDT circulars from 2015 through 2024, all material CBDT notifications, and extracts from other laws cross-referenced in the Black Money Act, including the CPC, IPC\/BNS, Companies Act, LLP Act, and Constitution of India\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe coverage of the book is as follows:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eChapter 1 — Introduction and Legislative Background\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eThe preamble, full Statement of Objects and Reasons from the original Bill, the Act's operative date (\u003cem\u003e1\u003csup\u003est\u003c\/sup\u003e\u003cspan\u003e \u003c\/span\u003eJuly 2015 — itself a product of an executive order under Section 86 upheld in Union of India v. Gautam Khaitan\u003c\/em\u003e), scope, salient features including the eleven distinguishing characteristics of the Act (\u003cem\u003eno time bar, no separate return, fair market value taxation, supersession of Income-tax Act, no DTAA credit, no arrest power, PMLA linkage\u003c\/em\u003e), the rationale for a separate statute, and a detailed list of probable issues of litigation across assessment, interest, penalty, and prosecution dimensions\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eChapter 2 — Applicability and Definitions (Sections 1 \u0026amp; 2)\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eFull analysis of the definition of 'assessee' including the retrospective amendment made by the Finance Act 2019 with effect from 1\u003csup\u003est\u003c\/sup\u003e\u003cspan\u003e \u003c\/span\u003eJuly 2015—expanding coverage to non-residents and NORs who were resident in the year the income was earned or the asset was acquired. The book analyses the ambiguity this creates: a person who was NR\/NOR when the asset was acquired but has since become resident can be served notice, but retains the ability to establish non-chargeability by proving his status in the acquisition year. The definition of 'undisclosed asset located outside India' under Section 2(11) is analysed exhaustively—covering the requirement that the asset be located outside India (\u003cem\u003ewith a detailed location matrix for different asset classes drawn from Rule 8 of the Estate Duty Act as a guiding framework\u003c\/em\u003e), the concept of 'financial interest in any entity', the distinction between registered owner and beneficial owner (\u003cem\u003ewith analysis of the contradictory ITAT decisions on whether ITAT or income-tax Act definitions of 'beneficial owner' govern\u003c\/em\u003e), and the treatment of fiduciary capacity—including the landmark Krishna Das Agarwal decision where the Jaipur ITAT deleted an addition of ₹146.42 crore by finding that assets of a UAE company did not belong to the Indian settlor\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eChapter 3 — Charge, Scope and Computation (Sections 3, 4 and 5)\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eThe 30% flat tax rate on total undisclosed foreign income and assets. The key distinction between undisclosed foreign income (\u003cem\u003etaxed in the year earned\u003c\/em\u003e) and undisclosed foreign assets (\u003cem\u003etaxed in the year the Assessing Officer receives information—regardless of when the asset was acquired\u003c\/em\u003e). Section 5's prohibition on all deductions, allowances, and loss set-offs—with the authors' nuanced observation that this should not be taken to mean taxation of income on a gross basis. The proportionate deduction mechanism for partially explained assets under Section 5(1)(ii) with the statutory illustration. The authors' analysis of 26 significant issues, including: the contested question of whether assets acquired before 1\u003csup\u003est\u003c\/sup\u003e\u003cspan\u003e \u003c\/span\u003eJuly 2015 are assessable (\u003cem\u003ethe authors' considered opinion is that the constitutional validity of such assessment is legally untenable, referencing the Supreme Court's ratio in Ganpati Dealcom on the Benami Act\u003c\/em\u003e); whether assets not existing as on 1\u003csup\u003est\u003c\/sup\u003e\u003cspan\u003e \u003c\/span\u003eJuly 2015 or even as on the date of the AO's notice can be taxed (\u003cem\u003eaddressed in Rule 3(2) but constitutionally problematic\u003c\/em\u003e); the absence of DTAA relief; the treatment of income disclosed in updated returns under the Income-tax Act; and double jeopardy between the Income-tax Act assessment and BMA assessment for the same income\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eChapter 4 — Tax Authorities (Sections 6 to 9)\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eThe jurisdictional framework, summons power under Section 8, the absence of search and survey powers under the Act (\u003cem\u003eunlike the Income-tax Act\u003c\/em\u003e), whether non-residents can be summoned, and the time limits—or absence thereof—for issuing summons and seeking information relating to pre-commencement years\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eChapter 5 — Assessment and Reassessment (Sections 10 to 14)\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eThe mechanics of assessment initiated on information coming to the Assessing Officer's notice—without any requirement to record satisfaction (\u003cem\u003eunlike Section 148A of the Income-tax Act 1961\u003c\/em\u003e), without prior approval of higher authorities, and without any time bar. The absence of faceless assessment applicability under this Act. The question of whether CRS\/DTAA information alone suffices as the trigger—and judicial guidance that such information must be corroborated. Section 11's provision for fresh assessment after set-aside or cancellation by the Tribunal (\u003cem\u003eincluding the distinction between Sections 11(2) and 11(3)\u003c\/em\u003e). Assessment of beneficial owners under Section 14 and the anomaly of section 14 extending coverage to beneficiaries who are not beneficial owners (\u003cem\u003ea position that creates tension with the definition in Section 2(11)\u003c\/em\u003e). The book addresses 19 significant issues under this chapter\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eChapter 6 — Appeal and Revision (Sections 15 to 29)\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eThe appellate hierarchy under the Act—First Appeal before the Commissioner (Appeals), Second Appeal before the ITAT, and further appeals to the High Court and Supreme Court on substantial questions of law. Key issues: whether the right to appeal extends to persons aggrieved but not assessed; whether the CIT(A) can enhance penalty; whether the one-year limit on condonation of delay by the appellate authority is justifiable; and the scope of admissibility of additional evidence\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eChapter 7 — Recovery of Tax and Interest (Sections 30 to 40)\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eRecovery of tax demands from domestic assets where foreign assets are unreachable. The powers and role of the Tax Recovery Officer versus the Assessing Officer. Provisional attachment before assessment. The personal liability of company managers under Section 35, and who qualifies as 'Manager'. Recovery from foreign-situated assets under Section 38 through the bilateral agreement framework. The interest provisions under Section 40—which mirror Sections 234A, 234B, and 234C of the Income-tax Act—including the question of whether interest for late filing of return applies when a return was filed under the Income-tax Act but foreign income was undisclosed. The authors identify an anomaly: no equivalent to Sections 220 and 221 of the Income-tax Act (\u003cem\u003eSections 411 and 412 of the ITA 2025\u003c\/em\u003e) exists under the Black Money Act for interest on tax demands and penalties for default in payment\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eChapter 8 — Penalties (Sections 41 to 47)\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eThe most detailed penalty chapter in any commentary on this Act. Section 41—the core penalty at 90% of the value of undisclosed foreign income and assets, imposed in addition to tax. Sections 42 and 43—the ₹10 lakh flat penalty for failure to furnish return of income in relation to foreign assets and for furnishing inaccurate particulars, respectively, applicable even where the quantum of the asset is negligible and even where no assessment proceedings have been initiated. The authors critically examine whether the imposition of ₹10 lakh irrespective of the asset's quantum is constitutionally justifiable. Section 44—penalty for failure to pay tax. Section 45—miscellaneous penalty provisions, including the burden of proof and the quantum question (\u003cem\u003eper year or cumulative\u003c\/em\u003e). The book examines 14 significant issues, including: whether all five penalty provisions are mandatory or discretionary; what defences are available under Section 41 (\u003cem\u003ereasonable cause specifically pleadable\u003c\/em\u003e); and whether penalties under Sections 42 and 43 can be imposed independently for each year of default—an issue with enormous financial implications for multi-year non-disclosure cases\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eChapter 9 — Prosecution (Sections 48 to 58)\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eCriminal liability under the Act is addressed with unusual thoroughness. Section 48—wilful attempt to evade tax, with rigorous imprisonment of three to ten years. Section 49—failure to furnish return in respect of foreign assets. Section 50—furnishing inaccurate particulars. Section 51—wilful attempt to evade tax. Section 52—false statement in verification. Section 53—abetment. Sections 54 to 58—enhanced punishment for second and subsequent offences, presumption of wilful default, offences by companies, and punishment for falsification of accounts. The book analyses: whether prosecution can be initiated without a prior assessment or penalty order; whether parallel prosecution under the BMA and the Income-tax Act or PMLA is permissible for the same offence; the absolute bar on compounding of offences under the Act; look-out notices; the alignment of prosecution threshold amounts with penalty threshold amounts (\u003cem\u003eor lack thereof, in the pre-Finance Act 2026 position\u003c\/em\u003e); and the newly inserted provision requiring Income Tax Clearance Certificates for persons leaving India\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eChapter 10 — Declaration Scheme (Sections 59 to 72)\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eThe one-time compliance window that was available from 1\u003csup\u003est\u003c\/sup\u003e\u003cspan\u003e \u003c\/span\u003eJuly 2015 to 30\u003csup\u003eth\u003c\/sup\u003e\u003cspan\u003e \u003c\/span\u003eSeptember 2015, permitting declaration of all undisclosed assets located outside India with payment of tax at 30% and penalty at 25% (\u003cem\u003eeffectively 7.5% and 7.5% respectively of fair market value\u003c\/em\u003e). The legal consequences of non-declaration—Section 72(c)'s deeming fiction that treats the year of notice issuance as the year of acquisition for pre-commencement assets not declared under the scheme. The authors' constitutional critique of this deeming provision and its interaction with the Supreme Court's Ganpati Dealcom ratio. The bar on use of declared information as evidence\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eChapter 10A — FAST-DS 2026 (Sections 130 to 144)\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eNew to this Edition. Full text of all 15 sections of the Foreign Assets of Small Taxpayers Disclosure Scheme 2026, the Memorandum Explaining Objects, and a structured feature-by-feature analysis. This chapter will be the primary point of reference for practitioners advising clients considering whether to avail the scheme in the first year of its availability\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eChapter 11 — General Provisions (Sections 73 to 88)\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eService of notices, authentication of documents, agreement with foreign countries for exchange of information and recovery of tax (\u003cem\u003eSection 73\u003c\/em\u003e), rounding off, power to make rules, power to remove difficulties (\u003cem\u003eSection 86—the provision under which the Act's commencement date was preponed from 1\u003csup\u003est\u003c\/sup\u003e\u003cspan\u003e \u003c\/span\u003eApril 2016 to 1\u003csup\u003est\u003c\/sup\u003e\u003cspan\u003e \u003c\/span\u003eJuly 2015 by executive order\u003c\/em\u003e), and transitional provisions\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003eChapter 12 — Valuation\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003eThe complete valuation framework—rules for 14 asset categories using the location matrix methodology, Rule 3 fair market value determination, valuation by foreign valuers (\u003cem\u003eincluding the requirement to obtain a valuation report and its evidentiary value before the AO\u003c\/em\u003e), the higher-of-cost-or-FMV rule for transferred assets, re-rolling of assets under Rule 3(3), and the bank account cumulative deposits methodology under Rule 3(1)(e) with the ITAT endorsement from\u003cspan\u003e \u003c\/span\u003e\u003cem\u003eRashesh Manhar Bhansali\u003c\/em\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe structure of the book is as follows:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eFull Statutory Text\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— Every section reproduced verbatim as the foundation of analysis\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eNotes on Clauses\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— Drawn from the original Bill to establish legislative intent at the source\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eSalient Features\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— Structured as numbered analytical points covering each provision's operative mechanics\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003eSignificant Issues\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e— Each framed as a precise legal question followed by the authors' considered opinion, supported by statutory interpretation, CBDT circulars, valuation rules, and judicial decisions\u003c\/li\u003e\n\u003cli\u003eThis architecture makes the book equally usable as an immediate reference tool and as a source of prepared litigation arguments.\u003c\/li\u003e\n\u003cli\u003eThe cross-reference tables map every BMA section to both versions of the Income-tax Act and to all other laws referenced, functioning as a navigation system for practitioners who encounter the Act in proceedings that also involve the Income-tax Act, PMLA, FEMA, or CPC.\u003c\/li\u003e\n\u003cli\u003eThe four appendices are integrated into the substantive analysis by cross-references within the chapters:\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\n\u003cem\u003eAppendix 1\u003cspan\u003e \u003c\/span\u003e\u003c\/em\u003e— All 8 prescribed forms under the Act\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eAppendix 2\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— 5 CBDT Circulars (\u003cem\u003e2015–2021\u003c\/em\u003e), including the critical FAQ Circular No. 13 of 2015 on retroactivity, NR\/NOR coverage, and consequences of non-declaration, and the two Covid-19 residential status relaxation circulars\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eAppendix 3\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— 15 CBDT Notifications (\u003cem\u003e2017–2024\u003c\/em\u003e), including the valuation rules notification and all rule amendments\u003c\/li\u003e\n\u003cli\u003e\n\u003cem\u003eAppendix 4\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e— Extracts from 9 other statutes cross-referenced in the Act\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e","brand":"Only Padhai","offers":[{"title":"Default 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